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Inflation

Money kept on deposit ‘losing value fast’ says Clare financial advisor

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MONEY that’s been kept on deposit is losing value fast, according to financial advisor Darach Honan. There is a high volume of cash on deposit in Ireland currently, however consumers are currently at risk due to historically high inflation levels. Darach Honan, of Honan Financial Services explains that keeping your assets in cash is essentially …

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Margaret O'Brien

THE SUNDAY READ: ‘Covid anxiety has been replaced by inflation anxiety’

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*Margaret O’Brien, Ennis Chamber of Commerce. Photograph: Arthur Ellis The Clare Echo’s Sunday Read series continues with a report on inflation: which Clare industries are being squeezed the hardest?  RISING prices is the headline story of 2022 and it’s here to stay.  Increasing energy costs and a perfect storm of supply chain issues and a global pandemic …

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