ESRI warns of inflation from higher energy costs
25 March - 7 minsThe ESRI is today warning that higher energy prices as a result of war in the Middle East will push up inflation to an expected 3.2% this year. That outpaces last year’s rate of inflation of 2.2%. They have also pointed out that yesterday’s fuel excise duty reduction fails to target the less well off.
Alan Barrett, Research Professor with the ESRI joins X to discuss their latest quarterly economic commentary.