More price rises on the way later this year - ESRI
The ESRI has warned that Irish households will face higher grocery and energy costs later this year due to second-round inflation effects. While economic growth forecasts have been upgraded, the institute cautions that public sector pay talks must account for fiscal vulnerabilities.
Why it matters
Rising inflation and cost-of-living pressures remain critical economic concerns for households and policymakers in Ireland.
The Economic and Social Research Institute (ESRI) has warned of "second-round effects" on prices later this year as a result of higher energy costs.
The article reports on economic forecasts and policy recommendations from a research institute without partisan bias.
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