Irish manufacturing prices are hugely influenced by movements in the Us dollar/Euro rate because of the dominance of US multinationals in Irish manufacturing and in May, the Irish monthly factory gate prices increased by 1.1%. This compares to a decrease of 1.2% recorded for May 2009. As a result, the annual percentage change showed an increase of 2.0% to May 2010, compared with an annual decrease of 0.4% to April 2010.
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