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#Prices

From TheJournal.ie The EU's most expensive place for cigarettes and alcohol last year? Ireland Pricey

The EU's most expensive place for cigarettes and alcohol last year? Ireland

Ireland ranked overall as the fifth most expensive place for consumer goods and services last year.

From TheJournal.ie Inflation up 1.8 per cent over year to May 2012 Inflation

Inflation up 1.8 per cent over year to May 2012

Consumer price index was unchanged between April and May but shows increases in education, transport, food and services over 12 months.

From TheJournal.ie Consumer prices increase by 1.9 per cent Inflation

Consumer prices increase by 1.9 per cent

Central Statistics Office figures show consumer prices increased by 1.9 per cent in the year to the end of April.

From TheJournal.ie No change in Bord Gáis Energy Index in April Bord Gais

No change in Bord Gáis Energy Index in April

However the index showed that there were changes in the individual commodities such as electricity, natural gas, oil and coal.

From TheJournal.ie Ouch: consumer prices rose by 2.2 per cent over the past year Prices

Ouch: consumer prices rose by 2.2 per cent over the past year

Education, transport, alcohol and tobacco saw the biggest increases in price over the past year according to new data from the Central Statistics Office.

From TheJournal.ie Customers pay 'more for water than beer' in Dublin pubs, says Senator Prices

Customers pay 'more for water than beer' in Dublin pubs, says Senator

Senator Catherine Noone says she carried out a price survey in more than 100 Dublin pubs and found that customers were being charged more per litre for water and soft drinks than for beer and stout.

From TheJournal.ie Inflation drops in December across eurozone and UK Inflation

Inflation drops in December across eurozone and UK

The fall in inflation has raised hopes that the European Central Bank may reduce interest rates.

From TheJournal.ie Global index shows drop in Irish medical costs Doctors

Global index shows drop in Irish medical costs

The cost of common dental treatments is down by 21 per cent in some cases, as are elective medical procedures – but the cost of laser eye surgery is up by 21 per cent.

From TheJournal.ie Irish inflation flat at 2.7 per cent Inflation

Irish inflation flat at 2.7 per cent

CSO monthly figures reveal Irish inflation rate at 2.7 per cent for three months in-a-row.

From TheJournal.ie A crash course in everything Economics – Part 2 Easy Economics

A crash course in everything Economics – Part 2

Stephen Kinsella’s new book, QuickWin ECONOMICS, answers 100 questions you might have on the subject. In this excerpt: What happens to demand for gin when the price of tonic changes?

From TheJournal.ie A crash course in everything Economics – Part 1 Easy Economics

A crash course in everything Economics – Part 1

Stephen Kinsella’s new book, QuickWin ECONOMICS, answers 100 questions you might have on the subject. In this excerpt: Why don’t Big Macs cost the same in every country?

From TheJournal.ie Manufacturing output continues to grow - report Manufacturing

Manufacturing output continues to grow - report

The pace of growth in manufacturing rose slightly in April, while new orders also remain strong according to NCB.

From TheJournal.ie Is Tesco allowed to hike its prices and then just drop them again? Supermarkets

Is Tesco allowed to hike its prices and then just drop them again?

The answer: well, legally, yes – as long as the ‘higher’ prices have been imposed for long enough.

CONSUMER PRICES remained unchanged in July and are now down by only 0.1% since July of last year according to the CSO. Clothing prices are down almost 9% over the year while food and non-alcoholic beverage prices are down almost 4%. Education and utilities are up by 9.2% and 5.5% respectively.

THE NATIONAL Consumer Agency has released figures that show that the cost of supermarket groceries in Ireland have dropped by 14%.

Prices have fallen over that last 18 months, according to the study, which examined the cost of 103 branded grocery items in Tesco, Dunnes Stores and Superquinn and 87 items when SuperValu was included.

Read the survey here.

The results showed that there was virtually no price difference on branded goods between Tesco, Dunnes Stores and Superquinn; the difference between the cheapest and most expensive a basket of 103 items was just €1.14 or 0.4%.

The cost of the sample baskets:

Dunnes Stores = €279.62

Tesco = €280.69

Superquinn = €280.76

Ann Fitzgerald, Chief Executive of the National Consumer Agency, says that while it is good news that prices are dropping, the study also highlights that a lack of competitiveness exists between the state’s largest retailers – which a serious issue for Irish consumers:

The results show that while grocery prices have dropped across the board, over the past 18 months, there is evidence that the most powerful retailers in the State, between them controlling 70% of the market… are still price matching in core branded items to a significant degree, albeit at much lower levels than in 2007 and 2008.

This suggests that competitive pricing is still not a feature of the Irish grocery market and to address this there is a real need for a new entrant to the market to offer consumers a real alternative.

If you’ve been clocking up airmails and are hankering after a new iPhone 4, you’ll like this nifty little infographic from the website Sizzledtech.com, which collates  iPhone 4 prices from around the world.

The must-have gadget is most expensive in Italy, where the 32GB version will set you back a cool €779. You’ll do far better if you hop on a plane to Hong Kong, however, where you can pick up the same device for €585.

In an unexpected piece of pleasant news, Ireland is a cheaper place to buy an iPhone 4 than eight other countries, including Britain.

Read the full story.