Ireland cheapest in Europe! As if…
We’ve all known for ages that Ireland is one of the most expensive places in Europe to live but, even so, it came as a bit of a surprise this evening when our high price society was confirmed in fairly stark terms by the latest survey from Eurostat.
We have the second highest prices for food and non-alcoholic drinks in the European Union and this despite more than 15 months of deflation.
Prices here are on average nearly 30 per cent higher than the EU average. Only Denmark has higher prices – things cost almost 40 per cent more than the EU average there. To put these numbers into perspective, prices in the UK are a measly 3 per cent above the EU average.