Out of Office: Inflation to reach 8.5%; 70% of housing units to be built are apartments | Business Post

could reach a peak of 8.5 per cent this summer before averaging out across the year at 6.7 per cent, The Economic and Social Research Institute predicted.

In its latest Quarterly Economic Survey, the economic think-tank warned that inflation will continue to increase for months yet as the war in Ukraine exacerbates the increase in prices businesses and households have been facing since next year. Kieran McQuinn, professor of economics at the ESRI,...

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