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.
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Inflation levels are now above 5 per cent here – a figure not seen since the Celtic Tiger.
Tommy Corbett, of Carey Corbett Financial Solutions, says he expects the cost of living to continue to rise in the short and medium term.