|
Business Today |
|
Thursday, 26 March, 2026 | | |
|
Editor's Note |
|
Good morning, reader |
Measures announced to shield consumers from the energy price shock represent a “subsidy to higher income households”, the Economic and Social Research Institute (ESRI) has said. The criticism comes even as it warned in its latest quarterly bulletin that rising energy costs linked to the Iran crisis will push inflation to 3.2 per cent this year, writes Eoin Burke-Kennedy.
The €250 million package of measures to help businesses and households with their fuel bills over the next couple of months is the subject of this week’s Inside Business podcast, with political correspondent Cormac McQuinn, Cliff Taylor and Ibec director of lobbying and influence, Fergal O’Brien debating whether it will be enough or if it is simply a bet by Government on a quick resolution of the Iran conflict.
The Central Bank also has its quarterly assessment of the economy out this morning which, Eoin reports, sees a possibility of headline inflation in the Irish economy could double to 4.2 per cent in the coming months if there is a prolonged conflict in the Middle East.
|
Continue Reading
Dominic Coyle |
| |
