Inflation

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Eurozone inflation is 2%. UK inflation is 3.8%. Northern Ireland inflation is 4.4%
https://www.fgibson.co.uk/resources/market-data/-annual-inflation

Another reason for a United Ireland.

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https://www.irishtimes.com/business/economy/2025/07/10/price-of-grocery-staples-running-well-ahead-of-general-inflation/

The agency's prices division, said butter, which now retails at around €3.99 a pound for own store brands and €5.49 for Kerrygold, was €1.10 more expensive than 12 months ago.
Other dairy basics have also recorded substantial increases with Mr Dawson saying that shoppers were paying, on average, 95 cent a kilo more for cheddar cheese and 27 cent more for a litre of milk.

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https://www.irishtimes.com/business/2025/12/12/inflation-explainer-why-are-prices-in-ireland-accelerating-again/

After falling to less than 1 per cent this time last year, headline inflation has risen back over 3 per cent, placing a renewed squeeze on Irish households. The latest Consumer Price Index (CPI), the State's official measure of inflation, clocked annualised price growth at 3.2 per cent in November.

This was the highest level recorded since February 2024.

So what's driving it?
In a word, restaurants. The biggest driver of the November figure were restaurants and hotels, which saw prices rise by 3.6 per cent on an annualised basis.

While other sectors like education had bigger year on year price hikes, the restaurants and hotels category, which includes coffee shops, has a significantly bigger weighting in the overall rate. It accounted for 0.73 per cent of the 3.2 per cent rate recorded last month.


Prices in restaurants rather than the cost of hotel accommodation were pinpointed as the main culprit. And apparently these relate directly to higher food prices.

The price of basic foodstuffs has been elevated for months and it seems this has now percolated into restaurants and onto menus. The cost of meat and in particular beef was highlighted as the biggest single factor. Separate CSO data, published on Friday, indicated the cost of cattle rose by 47 per cent year on year in October.



What else is behind it?
Food inflation remains elevated in Ireland with prices rising by 4.2 per cent in the 12 months to November. Food also has a big weighting in the overall calculation. It accounted for 0.46 per cent of the 3.2 per cent.

Within the food category, the price of beef was up almost 24 per cent year on year while lamb and poultry prices were up 17.9 per cent and 7.4 per cent respectively. But meat wasn't the only driver, b