Rising living costs seriously affect our quality of life

In a world of negative interest rates, worries about deflation and anaemic growth, one could easily form the impression that price growth or inflation has become a thing of the past, something to be housed in a financial history museum

In a world of negative interest rates, worries about deflation and anaemic growth, one could easily form the impression that price growth or inflation has become a thing of the past, something to be housed in a financial history museum.

In some ways that’s partially true. Eurozone inflation was pegged at a lowly 1 per cent in August and here in Ireland prices also appear under control, rising by an average of just ...