The ECB will get radical soon to stop the eurozone going down a deflationary hole
Prices are falling, but that’s not the good news you may think.
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Prices are falling, but that’s not the good news you may think.
Plus: How much will the new Garda Commissioner be paid?
Germany and France both posted negative results, with pressure now on Mario Draghi to act.
New figures from the CSO show rents, education costs and utility bills climbing despite slow overall price growth.
The Financial Times columnist says that the eurozone is being run for “the benefit of creditors”.
Frankfurt looks set to deliver a long-awaited interest rate cut next month.
Merrion warns of deflation risk amid housing pickup.
Statisticians tell us inflation is a memory but what lies beneath – massive premiums on childcare, health insurance, water tax and more – is a better measure of the pain consumers feel.
ECB president Mario Draghi holds interest rates firm.
The latest CSO figures indicate that Ireland has seen deflation for five of the last six months.
You might’nt have noticed, but technically you got a pay rise – though the cost of living is still 2.2 per cent higher than last year.
The rate of inflation fell by 0.3 per cent in December, though prices were still up by 2.5 per cent on the previous year.