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Austin Hughes

๐Ÿ‘ค Speaker
300 total appearances

Appearances Over Time

Podcast Appearances

We are far less unequal in terms of wealth and income.

And that's probably why I'm emphasising these are issues.

We can tackle it because we're in a situation where things are not perfect.

But they're far from the problems, the intensity you see in the US and elsewhere.

So if you deal with it now, it'll be easier.

Breakfast Business with Joe Lynam
Friday business news roundup

I'm surprised that Tala is on the Arctic Circle.

Breakfast Business with Joe Lynam
Friday business news roundup

It was very cold, very wet last night.

Breakfast Business with Joe Lynam
Friday business news roundup

And by the way, Ireland needs to spend an awful lot more on traffic infrastructure.

Breakfast Business with Joe Lynam
Friday business news roundup

Two hours from town to Tala just shouldn't happen on a Thursday night.

Breakfast Business with Joe Lynam
Friday business news roundup

Yeah, bad news on the inflation front.

Breakfast Business with Joe Lynam
Friday business news roundup

And it's been rising steadily, you know, through the second half of this year.

Breakfast Business with Joe Lynam
Friday business news roundup

It's still going to be just over 2% for the year, but we're at 3.2% in November.

Breakfast Business with Joe Lynam
Friday business news roundup

And I suppose the worrying thing, it picked up from 2.9% in October, and it's that there's a lot of small increases right across the board.

Breakfast Business with Joe Lynam
Friday business news roundup

Nine out of the 12 main sort of areas that the CSO looks at showed higher inflation in November than October.

Breakfast Business with Joe Lynam
Friday business news roundup

So you have the standout sort of inflation, you know, beef prices up 23.9 percent, coffee 12.4 percent, all those sort of elements.

Breakfast Business with Joe Lynam
Friday business news roundup

But really right across you're seeing and significantly as we come into winter and cold nights like last night, energy prices now rising.

Breakfast Business with Joe Lynam
Friday business news roundup

Remember, energy prices were down 7.7% this time last year.

Breakfast Business with Joe Lynam
Friday business news roundup

They're now up 3.3%.

Breakfast Business with Joe Lynam
Friday business news roundup

So people probably feel rightly that things are getting more expensive again.