Seanad debates

Wednesday, 2 July 2003

Forfás Consumer Pricing Report 2003: Statements.

 

The impact of other Government decisions on pricing policy has also been clearly illustrated. The cost of third level education has risen by 12.1%, bus fares are up by 13.3%, rail fares by 11%, motor tax by 11.9% and health insurance by 18.7% – it was announced on Monday that is to increase further – while dental services have risen in cost by 11.4%, electricity by 13.7% and water and sewerage charges by nearly 20%. The traded sector is suffering a severe squeeze. The prices Irish manufacturers are getting for their products fell by 7.5% in the last 12 months. By contrast, almost all their costs have increased, particularly those costs imposed by Government. The implication is clear – the Government must get its house in order.

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