Double digit inflation is heading our way as GDP growth slows

Inflation here could hit 10 percent before the summer is over as Russia halts gas supplies to Europe, workers demand wage increases and price increases are anchored in the service sector of the economy.

Annual inflation in Ireland was unchanged from June at 9.6 percent in July, itself a 38-year high.

https://www.independent.ie/business/irish/double-digit-inflation-is-heading-our-way-as-gdp-growth-slows-down-41878114.html Double digit inflation is heading our way as GDP growth slows

Fry Electronics Team

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