Inflation is the price of our success

There can be no doubt that the latest inflation figures mean we are living in the most expensive country in the EU.

20th January, 2007

There can be no doubt that the latest inflation figures mean we are living in the most expensive country in the EU. Our position at the top of the inflation league has been hard won: in 1995, we were languishing in eighth place. Shortly after the turn of the century, we overtook Sweden and Britain.

By 2004, Forfas, which spends a lot of time calculating these kind of things, said that we were a close second...

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