Thursday 19 September 2019

Consumers fear Brexit will mean more expensive food, fuel and flights

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Charlie Weston     

CONSUMERS fear they will be hit in the pocket as a result of Brexit.

They fear higher prices for food, fuel and flights, and are concerned over disruption of travel plans and security checks at the border, according to a survey of 1,000 people by Core.

The research found that 77pc of those surveyed believe Brexit will mean the economy in this country suffers.

A majority are concerned over the disruption of travel plans and possible security checks on a border.

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Flights, food and fuel top list of concerns for Irish people post-Brexit

Despite Brexit uncertainty, 31pc say affordable housing should be Ireland’s main priority

The ‘Brexit Barometer’ research was conducted to measure how Irish people feel towards Brexit and how it will impact their lives.

The greatest concern that Irish people have is the impact Brexit will have on peace and security on the Island of Ireland.

Seven out of 10 people are worried about the impact on travelling between the UK and Ireland as well as security at the border.

The survey also found that 67pc are concerned that relationships between the UK and Ireland could impact on the peace process.

Most people are worried that prices of products could rise if supply issues become a problem.

This has led to a conclusion that consumers will be worse off due to Brexit, either by price, experience or choice.

People believe they will be worse off when it comes to a range of purchasing behaviours, particularly flights, food and fuel.

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Some six out of 10 people expect grocery prices to rise, with a majority also expecting higher prices for petrol and diesel, and clothing and cars.

Britain leaving the European Union has 68pc of people concerned over how Brexit will affect flights to the UK.

People are also worried about healthcare, while 44pc are concerned about purchasing household energy.

But despite Brexit uncertainty, the top priority has switched to providing affordable housing, with 31pc of the population saying this should be the nation’s main concern.

Core marketing director Finian Murphy said people had been unsure about the impact of Brexit, but were now beginning to consider the impact it will have on their day-to-day lives.

Core’s Brexit Barometer report was compiled based on analysis of three key pieces of data: the KBC Consumer Sentiment Index, the Core Cultural Index and Core’s State of the Nation.

Each survey is based on a sample size of 1,000 Irish adults, representative of the population.

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