In the summer of 2005, Eddie Hobbs opened the eyes of consumers around Ireland with his four-part TV show, Rip Off Republic. The show was a huge success, at least in terms of viewership, with the second show taking a 51% share of the audience that night, according to RTE. Given that prices increased by [...]
A quick look at prices across the different sectors in Ireland reveals a far more interesting pattern than the typical assumption of slowly rising prices would suggest. Clothing and communications prices are at levels similar to those in the 1980s, while ‘deflationary episodes’ are becoming more common in Ireland every decade.
Typical change in prices, by sector, 1990-2009
