Brexit price rises would hit poor hardest, says ESRI

Brexit price rises would hit poor hardest, says ESRI
ESRI study lays bare costs of hard Brexit to consumers. Pic: Pixcabay

A study carried out by the Economic and Social Research Institute has found that a hard Brexit could add up to €1,360 a year to the average household bill, with the biggest impact falling on lower-income households

While the effects of Brexit on Irish consumers have so far been ‘muted’ - in the Central Bank’s words – new research has indicated that the consequences of a hard Brexit could be much more severe for Irish households in the coming years.

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