Seanad debates
Tuesday, 25 March 2003
Finance Bill 2003 [ Certified Money Bill ] : Second Stage.
2:30 pm
Joe McHugh (Fine Gael)
We are no longer competitive as a country or an economy. That is reflected in the cost of living increases. Six months ago, a basic basket of goods for a couple in Dublin cost €120 to €130, whereas today it will cost €150 to €160. I am not familiar with the cost of living in Dublin because I am only in the city a few nights a week, but in County Donegal consumers are moving across the Border to buy their groceries in Derry and Strabane. It is a worrying trend when people in the eurozone travel to the sterling zone to do their shopping because groceries are more competitively priced.
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