| 8°C Dublin

Close

Premium


When dust settles after Covid, time will tell if inflation is a blip or masking serious weaknesses

Donal O'Donovan


Close

Shoppers check out the stores yesterday on Henry Street in Dublin. Photo: Gareth Chaney

Shoppers check out the stores yesterday on Henry Street in Dublin. Photo: Gareth Chaney

Shoppers check out the stores yesterday on Henry Street in Dublin. Photo: Gareth Chaney

Inflation is the economy’s big bad wolf. A sharp rise in the price of goods and services gobbles up the real value of household incomes and savings and leaves us all worse off. 

When it really gets going, an inflationary squeeze can be brutal, but we are a long way from the eye-watering price rises of the 1970s and 1980s.


Related topics


Most Watched





Privacy