Hugh Lambert No Comments

Inflation is at 6% in Ireland at the moment, having peaked last year during the summer at 9.5%, and it’s forecast to reduce to just over 3% next year. 

I believe the worst of the inflation is behind us and I expect to see a couple of spikes over the next 12 or 18 months.

The reason for that is the conflict in the Middle East, which has, historically speaking, increased oil prices and reduced the supply of food and minerals from Ukraine.

I believe we’ll see a spike in inflation, so it’s something to factor into investment decisions and financial planning decisions for the near term. 

Historically speaking, high interest rates have taken approximately 24 months to fully curtail inflation so we’re probably still in the middle of that too.

If you are a short or long-term investor and need advice or assistance on inflation, feel free to get in touch, and let’s start a conversation!

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