Time to switch purchases from the over-priced UK market

"ECONOMIC Ireland is dead and gone, it's with the euro in the grave," writes Olivia Coughlan (Irish Examiner, August 1).

Ms Coughlan completely misses the point if she believes that the introduction of the euro has, by itself, induced price inflation and increases in the cost of living in the Republic.

Indeed, prices across a whole range of products have increased since January 1. However, it is interesting to note that the introduction of the euro did not produce price inflation in other euro-zone countries, such as Austria, France, Germany, Finland, Spain, Belgium and Italy.