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Used car prices have inflated by 53% compared to the start of 2020 before the pandemic.
The Government is facing calls to back the development of a commercial LNG import terminal in North Kerry.
Experts have warned against a ‘wage-price spiral’ if workers demand wage increases.
The combined impact of higher prices and greater uncertainty in global trade from the war in Ukraine is likely to weaken Irish growth this year.
According to the latest available figures, timber prices rose 64% in a year while steel prices are up almost 30%.
The last time the CPI was this was was in April 2001.
Oil suppliers are limiting the amount they are selling to high volume customers.
Market ructions, gas rationing and 1970s-style inflation fears hit the headlines.
“When it comes to a global energy shortage, the implications are far more devastating in developing countries,” one economist said.
International stamps have gone up 20 cent.
The global supply chain had yet to fully recover from the pandemic shock before the invasion began last night.
Young people are locked out of housing and struggling against rising costs in Ireland, writes Conor Brummell.
The research found that lower-income, rural and elderly households spent a higher portion of income on energy.
Putting money in people’s pockets after the fact instead of tackling the cause of high prices won’t curb the cost of living, Victor Duggan writes.
The price of home heating oil rose 50% in the past year while petrol jumped nearly 30%.
Polling indicates almost half of unemployed people and single parents have cut back on essential heating and electricity.
A quick guide to the new electricity credit scheme.
We want to get a sense of how Irish households are coping at the moment – here’s how you can take part.
The rising cost of living is ‘hurting people in the pocket’, said Leo Varadkar.
The Government is to unveil a “substantial” package of measures tomorrow, the Tánaiste told Fine Gael TDs.
With pump prices spiking dramatically and oil climbing towards $100 a barrel, the government’s car fuel tax take is facing criticism.
“It takes effort to shop and switch, and if people make an effort they can save a lot of money,” Seán Fleming told RTÉ’s Drivetime.
Poland is experiencing one of the EU’s highest levels of inflation, recording an annual rate of 8.6% in December.
Micheál Martin singled out health and transport charges as areas where the government can take quick action.
The Cabinet sub committee on economic recovery will meet next week to discuss the rising cost of living in Ireland.
The price of fuel and other living costs are rising.
Amid heightened anxiety over inflation, the European Central Bank’s Governing Council will meet tomorrow.
Campaigners have warned that soaring inflation is hitting lower-income households differently.
Economic activity is back to pre-pandemic levels but inflation looms large.
‘I honestly don’t think you’re living in the real world,’ Labour leader Alan Kelly told the Taoiseach today.
Rising petrol, diesel and household electricity prices all made large contributions to annual inflation.
In some cases, a second-hand car is being listed with a higher asking price than a new version of the same model.
Analysis by Davy and Myhome.ie shows that house prices are now seven times average incomes.
Soaring petrol, diesel and energy prices continue to drive inflation, the CSO said.
Electricity and fuel costs are the main drivers of inflation currently, the Central Statistics Office said.
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