Markets Update: Irish stocks sit unscathed by steep decline in producer prices

Irish stocks were unmoved on Tuesday despite figures from Eurostat showing industrial producer prices were 38.9 per cent lower in September compared to the previous year, the largest decline in the European Union.

Eurostat, the EU statistics office, said the prices at factory gates in the 20 countries sharing the euro continued to rise 0.5 per cent in September but were sharply lower than prices in September 2022, down 12.4 per cent. Figures for the ...