Grocery inflation over the past 12 weeks was running at just under 3 per cent. During the same period last year it was almost 13 per cent. So our shopping baskets are still getting more expensive – but at a slower rate. So that is some of sort of good news, isn’t it?
Energy prices are down from their peak, interest rates are set to fall and new entrants are expected to drive down prices in the banking and insurance sectors.
So why does everything still feel so expensive?
Irish Times consumer affairs correspondent Conor Pope explains why the sums aren’t adding up for most people and how, though we didn’t realise it at the time, we were living in an era of cheap food that is simply never going to return.
And he explains why shrinkflation hurts, what the French are doing about it and why own-brand products should be top of our shopping lists.
Presented by Bernice Harrison. Produced by Aideen Finnegan.
Hosted on Acast. See acast.com/privacy for more information.
Deaths at the Youghal Ironman: what went wrong?
After a messy split, what now for Ryan Tubridy and RTÉ?
When is it right to 'dename'?
How is cocaine getting into Ireland?
Is Trump going to the big house or back to The White House?
Could Annie McCarrick's disappearance finally be solved?
Is social media making teenagers miserable?
What's behind the huge drop in Irish gun crime?
The Russian spy who went to Trinity: 'He was private and had an unusual accent'
The controversial landlord: How Marc Godart and his family built an Irish rental empire
"We need guns and men" - inside the group chat of Ireland's new far right party
Revolut scam: 'I watched the total go down by another €5,000'
The brutal crimes of IRA double agent Freddie Scappaticci
Ozempic: the reality of the ‘miracle’ weight-loss jab
Bullying in schools: how it’s changed and how to handle it
Gilgo Beach murders: could a Manhattan architect be the Long Island serial killer?
Violence on the streets of Dublin: is anyone in charge?
How did Pedro Sanchez pull off an upset in the Spanish election?
'There's a wildfire outside my balcony' - climate chaos hits tourism in Greece
Drama on the picket lines: why Hollywood is on strike
Create your
podcast in
minutes
It is Free
NHKラジオニュース