An Ennis-based financial advisor believes increases in the cost of living could continue for another year before levelling off.
It comes after a number of utility companies have announced price hikes in the past number of weeks.
Inflation levels are now above 5 per cent here – a figure not seen since the Celtic Tiger.
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Tommy Corbett, of Carey Corbett Financial Solutions, says he expects the cost of living to continue to rise in the short and medium term.