Brexit and Irish consumers

March 21, 2018 | QEC Special Article

front cover of QEC2018SPR_SA_Lawless Authors: Martina Lawless , Edgar Morgenroth

A hard Brexit would increase the cost of living for all households in Ireland by 2 per cent to 3.1 per cent – an annual increase of €892 to €1,360 per household. Costs would rise the most for lower-income households. These households spend a greater share of household expenditure on food products, many of which are imported from the UK and would be subject to tariffs.

© 2015 The Economic and Social Research Institute. All rights reserved. Website by JET Design