Mortgages, energy and fuel prices: What’s coming for consumers in 2024

Inflation may have peaked but few consumers are unlikely to see prices drop for many services this year, writes John Hearne

Since the inflation crisis began, the average household is about €3,500 a year worse off. And that’s before you even take mortgage rate hikes into account.

Consumers won’t look back on 2023 with much affection. We had to deal with high inflation, several interest rate hikes, rising health insurance costs and an ongoing energy crisis.

Is 2024 going to be any better?