No evidence inflation ‘ingrained’ in Irish economy but price increases likely to persist
Central Bank governor Gabriel Makhlouf said inflation had been higher in Ireland than across the euro area to date and added that this was likely to continue
There is no evidence of the current high levels of inflation becoming “ingrained” in the Irish economy but price increases are likely to persist throughout 2022, the governor of the Central Bank of Ireland has said.
Gabriel Makhlouf said inflation had been higher in Ireland than across the euro area to date and added that this was likely to continue.
The rate of price increases both domestically and across Europe more broadly, however, will...
Subscribe from just €1 for the first month!
What's Included
With any subscription you will have access to
-
Unlimited multi-device access to our iPad, iPhone and Android Apps
-
Unlimited access to our eReader library
-
Exclusive daily insight and opinion seven days a week
-
Create alerts to never miss a subject that matters to you
-
Get access to exclusive offers for subscribers on gifts and experiences
-
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Related Stories
Ian Guider: Why we need to start talking about the impact interest rate hikes will have on squeezed households
Money markets are pricing in three 0.25 per cent moves this year, and probably the same or more in 2023
Lucinda Creighton: Europe’s bankers and political leaders must act on inflation – and fast
European monetary policy should remain ‘flexible’, says Christine Lagarde of the ECB, but what’s really needed is an interest rate rise across the eurozone
Expert warns central banks not raising interest rates quickly enough to stem inflation crisis
Global assets manager for €133 billion portfolio says a reversal is urgently needed for the world economy’s ‘extreme imbalance of capital and liquidity relative to investment demand’
Dan O’Brien’s quarterly economic outlook: Some cause for optimism even as war adds to inflation shock
High inflation, consumer fears, demands for public service pay increases and concerns over energy shortages next winter all make for an uncomfortable outlook