Food Prices Increase Again with Meat, Fruit and Vegetables Prices Rocketing
- The CSO reports Ireland's June headline inflation rose to 1.6%, driven by a 4.3% increase in food prices year-on-year.
- High wholesale prices, labour costs, and dry weather have driven up food costs in Ireland, contributing to inflation increases, as supported by CSO data and sector reports.
- CSO data shows Ireland’s food inflation at 4.3%, nearly three times the 1.6% overall rate, below the euro zone’s 1.9%.
- Irish consumers face higher heating costs as inflation rises, with the government ruling out energy credits in the upcoming budget.
- Ireland's headline inflation is expected to rise further as carbon tax hikes from May and colder seasons increase heating costs, putting more financial pressure on households.
22 Articles
22 Articles
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