Isme wants spotlight on price increases to help prevent scarring of the economy

Neil McDonnell said the profit margins generated by large retailers in the Republic are larger than those in Britain

Isme chief executive, Neil McDonnell, said that interest rate increases will also soon increase costs on businesses and households. 

The Government will need to mount a fight to seek out transparency from large international retail and wholesale operators in the Republic, to help keep inflation from scarring the economy, the head of business group Isme has said.          

Neil McDonnell, the chief executive of the business group, said the profit margins generated by large retailers and other suppliers operating in the Republic, as far as it is possible to ascertain, are larger than those in Britain, and more light has to be thrown on the issue as costs pressures for businesses and households mount.