Oireachtas Joint and Select Committees

Thursday, 28 November 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Impact of Brexit on Ireland's Economy: Economic and Social Research Institute

Dr. Martina Lawless:

On grocery prices, we emphasise that would be if we took tariffs and applied them directly to what people are currently purchasing. It would not provide for people changing behaviour depending on the price increases. It is probably very much an upper band and, with competition in the grocery sector, we would probably see a fair degree of switching behaviour, particularly on the side of the supermarkets with the sourcing of some products more directly from mainland Europe than via the UK market. Therefore, the final impact would probably be somewhat lower than what we have stated in the presentation.

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