Energy prices are expected to fall next year, though the price level is expected to remain high, while a significant easing in inflation is also anticipated, the Department of Finance has said.
“Inflation is expected to remain elevated in the near term, peaking in the second quarter and averaging 6.25 per cent for the year as a whole. “Higher energy and commodity prices will erode real incomes of households while also denting the margins of firms.
Making it up as they go along
Looks like oil will be going a lot higher.
They wouldn't know their arse from their elbow ffs.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: