According to the July Credit Union Consumer Sentiment Index, the main drivers of inflation are energy costs and mortgage rate hikes. Household budgets are feeling the impact of rising food prices, which are increasing at double-digit rates. The latest figures from Eurostat, the European statistics agency, reveal a significant decrease in inflation in Ireland over …
A recent poll conducted by Ipsos Public Affairs for Global News reveals that Canadians are increasingly concerned about rising interest rates and inflation. Many Canadians fear they won’t be able to pay off debts, such as credit card bills, as interest rates continue to climb. According to the survey, 81% of Canadians are worried that …
My frustration and irritation are not solely directed at Ryan Tubridy – the management of RTÉ must also be held accountable. By wasting a significant amount of taxpayers’ money on unjustified payments and entertainment, they have done a disservice to the Irish media. Despite being a country known for its scholars, we fail to harness …
Many individuals who have the opportunity to take a break are facing the need to cut back on their holiday expenses. Despite a slight improvement in the Credit Union Consumer Sentiment Index this month, close to one-third of people surveyed stated that they cannot afford a holiday this year. Similarly, a significant proportion indicated that …
Dublin Hotels Warned of Excessive Prices for Taylor Swift Concert The upcoming Taylor Swift concert in Dublin next June has prompted warnings to hotels regarding their potential for charging exorbitant prices. This unfortunate trend has become all too common in the capital, with hotels taking advantage of large crowds. It is important for us to …
Amid the rising cost of living and the impacts of the Bank of Canada rate increase, two economists believe that planned increases in the carbon price should proceed as scheduled. Speaking to The West Block, the experts emphasized that the ongoing wildfire crisis across the continent underscores the continued urgency of tackling the climate crisis. …
The global economy remains fragile as inflation continues to impact household spending and higher interest rates hinder growth, according to the Organization for Economic Cooperation and Development (OECD). The Paris-based group, comprising 38 member countries, predicts global growth to reach 2.7% this year, up from the previous estimate of 2.2% in November, with growth expected …