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Wholesale electricity costs fell by almost 30% over last year
Wholesale electricity prices have fallen by almost 30 per cent in the 12 months to April, new figures show. This comes despite a slight increase in electricity costs between March and April this year, according to figures published by the Central Statistics Office (CSO). Wholesale electricity prices, or what is paid for electricity from the […]
Indexes edge up as traders digest wholesale inflation data
U.S. Federal Reserve Board Chairman Jerome Powell arrives at a news conference at the headquarters of the Federal Reserve on December 13, 2023 in Washington, DC.Win McNamee/Getty Images The producer price index came in higher than estimates, gaining 0.5% in April. Major indexes were slightly higher after the data as investors assessed the impact on […]