Price rises ‘have turned Ireland into graveyard’

FINE GAEL’S deputy leader and spokesman on finance, Richard Bruton, said rampant inflation, the highest in four years, had turned Ireland into a “graveyard” for consumers.

“A comparison with prices across Europe shows that Irish prices have risen in the past 12 months at a rate 26% faster than in the rest of the euro area.”

The figures also disclose an interesting pattern showing that increases in Government-regulated sectors were more than twice that in the rest of Europe, he said.