New data confirms Ireland to be the most expensive country in Europe for household goods

European Commission's figures show Switzerland and Iceland are the only European countries with higher consumer prices

The high level of overall prices in Ireland is driven by expensive alcohol and tobacco, as wejll as high prices of energy, transport, and communications. Picture: iStock

Ireland was the most expensive country in the EU for household expenditure on goods and services last year with prices 46% above the EU average.

New figures published by the European Commission confirm the high cost of living in the Republic in 2022 with Switzerland and Iceland the only European countries with higher overall consumer prices.