Energy and food prices are likely to ‘rise more substantially over the coming months’. Picture: Rollingnews.ie
Russia’s invasion of Ukraine has sparked a “chain of events” that will hit Irish economic growth and exacerbate prices rises over the next number of years with further increases in the cost of food and energy expected within months, the Central Bank of Ireland has warned. The regulator today warned that prices were set to increase by 6.5 per cent this year and continue rising albeit at a slower rate in...
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