The call is coming from inside the house

The call is coming from inside the house

Forget Brexit – our cost of living is skyrocketing despite sterling’s fall. But the perpetrator is not who you think

It has become an article of faith in Official Ireland post-Brexit that the dramatic fall in sterling has caused a serious problem for Irish competitiveness. The narrative spun is that the British vote has been disproportionately negative for Ireland because our currency has suddenly risen against the falling sterling, punishing Irish exporters and retailers. This sounds plausible, but it is not true.

The truth is that the appreciation of the Irish currency – first the...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post