Seanad debates
Wednesday, 2 July 2003
Forfás Consumer Pricing Report 2003: Statements.
The most important issue is that people know the prices. The second is to identify the sectors where there is manifest and unjustifiably rapid inflation. It is clear from the report that the restaurant and bar business is another sector of extraordinarily high inflation. Nobody has yet explained how it is possible that the price of eating out in Germany is lower than in Ireland, given the fact that wages per hour in Germany are higher and the employer's social costs in addition to those wages are the highest in Europe. Nevertheless, one can still eat out in most countries in Europe for a price considerably lower than in Ireland.
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