Oireachtas Joint and Select Committees

Wednesday, 22 October 2025

Joint Oireachtas Committee on Enterprise, Tourism and Employment

Competitiveness and the Cost of Doing Business in Ireland: Discussion (Resumed)

2:00 am

Ms Jean McCabe:

Increasing the minimum wage is not going to change that. If anything, it will compound it to be more expensive over time. In January 2024, food inflation was at the same rate that we have seen it this year. It is going to go up. Other sectors in retail will not see as much inflation as they do not have the bandwidth to increase prices because we are in a global economy.

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