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.
The 'ghost student' visa scam spreading through the English language school sector
Why did it take so long to convict prolific sex offender Bill Kenneally?
Were Irish colonisers too? A new book reveals our forgotten dark history
"There's no way he would have sex with me if I said to use a condom" - why STIs are spreading so quickly in Ireland
Could Daniel Kinahan finally face trial in Ireland?
Charlie Bird's courageous final act
Why are Chinese millionaires buying up South Dublin homes?
How vulnerable children were put at risk by Ireland’s state care system
Can Cillian win the Oscar - and who else deserves one?
Russia claims leaked audio proves Germany wants war
The arguments for Yes and No in the referendums, explained
What will happen to Dublin’s empty office blocks?
What’s wrong with University Hospital Limerick?
Intermittent fasting: the good, the bad and the hungry
The 'impulsive joke' tweet that caused an Irish MEP three years of 'torture'
Can we trust the new FAI?
The latest twist in the RTÉ saga, explained
How a small Irish seaside town has opened its doors to those fleeing war
Why Gardaí are still investigating rogue solicitor Michael Lynn
Why spy fears have led to the downsizing of the Russian Embassy
Create your
podcast in
minutes
It is Free