Dollar boost offset by restaurant prices for US tourists in Ireland this summer

The Bloomberg analysis finds that in Ireland this month that with inflation, a meal that once cost €89 ($100) now costs €98 ($100), taking into account the dollar-euro exchange rate. 

Ireland is among a small group of European tourist destinations where American tourists this summer will get little to no boost dining out despite the soaring value of the dollar, as inflation at local restaurants bites hard, according to Bloomberg data. 

Other destinations, including France and Turkey, are offering the best value for US tourists from a combination of the dollar exchange rate and rates of inflation in those countries, while Britain for American tourists is among the most expensive because of relatively high inflation and weak sterling.