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Dublin Live
Dublin Live
National
Emma Nevin

Top economist's ominous warning as he predicts 'serious food shocks'

A top economist has warned that Irish inflation could top 10% in the coming months as the cost of living soars.

The latest Dublin Economic Monitor published earlier this month showed that "leading indicators for the Capital’s economy hint that a recession is an increasingly realistic possibility".

The cost of food is expected to continue to rise, with new CSO figures showing that Ireland has the second most expensive food prizes in the Eurozone, a whopping 17% above the average.

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