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THE RATE OF inflation in grocery sales has reached 16.4%, a record high, according to market analysis by Kantar.
In contrast, at the same time last year, grocery inflation was only 2.4%.
New figures released by Kantar show people are shopping more often but purchasing less on each visit to the store as frequency rose 7% but volume per trip fell 10.9%.
In a 12-week period ending on 19 February, take-home grocery sales increased by 8.5%, putting an additional €168.7 million into the market. The increase equates to around an extra €113.56 per buyer compared to the same period last year.
Senior Retail Analyst Emer Healy attributed the rise in spending to rapid inflation.
“This growth in sales is largely down to grocery price inflation hitting 16.4%, a new record high,” Healy said.
“This time last year it was 2.4%, so [it is] a significant 14% increase within 12 months,” she explained.
“In a year of rising costs and sky-high inflation, Irish consumers are looking for ways to manage their household budgets. This has led to the Irish grocery market becoming more
competitive than ever, with shoppers looking for the best deals among the retailers.”
Year-on-year, consumers spent €2.3 million more on vegetables, but the volume purchased fell by 9.5%.
The amount of cucumbers and tomatoes purchased fell significantly by 17.2% and 8.9% respectively year-on-year, with Kantar pointing to the impact of supply shortages.
The Kantar analysis found that the market is seeing much stronger own-label growth (11.9%) compared to branded products (6.1%) as shoppers try to save money.
The share of own-label products rose from 42.6% in 2021 to 45% in 2023, while value own-label lines – the very cheapest products – experienced strong year-on-year growth with an increase of 35.8% and an additional €19 million worth of spending.
Online sales remained strong over the 12-week period, 5.2% higher year-on-year, as shoppers spent an additional €8m online.
Dunnes Stores held the highest share of retailers in Ireland at 23.6%, representing a growth of 12.3% compared to the previous year.
Close behind with a market share of 22.9%, Tesco’s shopper footfall was at its highest level since January 2020.
Supervalu held 20.8% of the market share, Lidl 12.6% and Aldi 11.7%.
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No need to worry, the government has prudently planned for all eventualities, we will weather these difficulties!
@Brian Hunt: yep, if these tariffs have the desired effect, our govt will claim credit when house prices collapse for solving the housing crisis. Years to prepare for this, nothing done, it’ll be too late if they bite, just as well they all have their large salaries, large payments for losing their seats, large pensions all lined up.
@Eddie Garvey: ye are some g@bshites. Blame everything on the government when shit hits the fan. Isn’t hindsight a great thing, people thinking the financial crash,brexit,trump,Covid,Ukraine war,Gaza war,trump was governments fault and how dare they effect our house prices or effect the way why can’t we buy a house.
@Brian Hunt: Yup Brian. I’m not trying to be morbid but I’m actually at the stage that I really don’t care about anything anymore.
@David Glynn: Cmere Glynn coming on journal comments spouting nonsense while simultaneously licking fffg feet is one of the most embarrassing things I’ve ever read.What ever happened to the ” Bertie Bowl “? Bertie for president, ehh? Lowry could be next to put his name forward! Hindsight?Give it a rest..
@David Glynn: Years to prepare for an alternative to unsustainable multinational tax gained through tax breaks. Get out into the world, everyone regards Ireland as a tax haven outside of this country. Anyone with half a brain would’ve been using these taxes to create another income stream. How much national debt have FFG built up, how much is the children’s hosp to date, has MM realised the IMF did bail out this country when he was in office, is it acceptable that Michael Lowry formed this govt, is it intelligent for our Tanaiste to call Trump (now the most powerful politician in the world) names when any fool could see he had a strong chance of being elected, maybe g@bshite applies closer to home.
@Paul Gorry: who woke this gobsh!te up?
@Oh Mammy: Did your Yorkshire terrier pee on your bed? Other than that, I haven’t a clue who woke you up.
@Paul Gorry: amazing how an eejit like yourself gets so many votes in the middlemof the night….
@Oh Mammy: Middlemof? And I’m the “ejit”? Don’t start getting paranoid on me, pal.
@David Glynn: wat u on u melt! Getting a bit carried away there are ya….If you can’t see this government is a diaster then you have a dog in the race or you’re not the sharpest of fellows.
@Oh Mammy: not amazing to see how little likes you have received silly boy
@Brian Hunt: yes the government are a disaster with no (or limited) forward planning however all the opposition parties wanted to increase spending even more so it’s not as if they had any plans on being prudent. The political choices in this country are very poor.
@Eddie Garvey: excellent comment Eddie
@Oh Mammy: How do antigovernment comments get so many thumbs up? It all has to do with SF trying to manipulate social media. This is not reflected in elections.
@Paul Gorry: I would not vote for either but they would be superior to an abattoir operative or a barman.
@Vincent Alexander: I want to agree with you, but I am reluctant to give a thumbs up. The Shinner stuff is supported by anyone in the world with internet access.
@Eddie Garvey: At least Micheál Martin had the guts to go into the Oval Office. SF’s useless boycott was a smoke screen for another hurlers on the fence episode.
@Vincent Alexander: Yea, it’s SF fault, way a plonker you really are.
@Brian Hunt: now that would be a first.
@Eddie Garvey: We could do with a bit of recession.
@Brian Hunt: boycott American products then.
@Brian Hunt: i cant forsee a plan that would work if they all decide to go back to usa..
@Donna Fallon: same
@Brian Hunt: Love your dark humour. You should write for Black Mirror.
@damien leen: don’t agree with someone but when you have to resort to name calling in your replies trying to belittle a poster just shows how little grey matter is between your ears.
@Eddie Garvey: what’s that actual problem.
Have any ever worked in a big pharmaceutical company?
About 4% of the cost of the drug on average goes into manufacturing and that is lower the higher the price of the drug…
Med Devices are different but the challenge there for say Stents… US doesn’t really have the plant capacity to make them in any volume… To built a plant would take 8-10 years… Finding a site could take 18 – 24 months.
A lot of companies are going to announce plants in US and they aren’t getting built, well not to produce stuff…
Trump is clueless on how globalisation works and how dependent we are all on it.
@Brian Hunt: our muppets in government couldn’t run a bath
@Jack Dermody: it doesn’t matter whether he is clueless or not, it’s the uncertainty that’s the problem, that effect business investment, future plans, expansion, inflation, where profits are declared and resulting tax takes. Even if Trump is gone in 4 years, who follows him and what do they do with Trumps Tariffs. Biden didn’t get rid of the tariffs trump introd on China in his first term. 10 to 12 years to build a plant, maybe in Ireland (children’s hosp), other countries can do it much quicker, but even if it’s 6,7,8 years, that’s not long. Imagine if several multinationals were moving out in 8 years, scaling down all the time over the next 8 years. I’m not saying it’s definitely happening now, but is going to happen, what are we lining up to replace our earnings from being a tax haven, why are we not using this revenue which is unsustainable in the long term to do something similar to Norway has done with it’s oil money. Using it to build 2 plus billion hospitals, pay enormous salaries pensions lump sums to a poor political class, etc, etc, etc, etc. is a road to disaster.
Has anybody calculated the possible cost of all of this to Big Pharma in Ireland? Either way, Pharma will be hit by equal tariffs, whether they move back to the U.S or stay. If they move, they will have to recruit thousands, spend billions on new factories etc, etc, which will take more than 4 years and then pass on these costs to the US public, who are already paying some of the highest drug prices in the World. And the likelihood is that when the E.U. retaliates with similar tariffs, Trump & Co. will realise the cost to his base and the tariffs will be dropped, but Pharma will already needlessly spent billions on Trump’s whim.
Ireland & EU need to protect the ‘eggs’ in our basket now and begin to diversify our economy away from big US companies. So I certainly would not be worried about Pharma moving.
And while the E.U. are at it, why do they not put in a claim on Ukraines ‘rare minerals’ , after all they are the ones that are going to have to rebuild it and offer Greenland a greater voice within the E.U.
@BarryH: see, if it was just Trump with a 4 year tenure id say ‘fair enough’…… The dark cloud on the horizon is the 2028 election….. Much talk in the US about a Vance Presidency
@Buster Lawless: you heard it here first!!
@BarryH: the problem is they are their eggs we have placed in our basket after they have paid for them, and as you know eggs are expensive in the US. We have stolen their revenue for decades and it is hard to see where they are wrong on this. What have we done to deserve this revenue? Oh and remember, don’t use Amazon.ie, because you must shop local and keep Irish money in Ireland.
@Buster Lawless: the 30% plus of Americans who didn’t bother to vote last time will have a big say in 2028 as well as the 10 million who voted for Biden but didn’t turn out to vote for Harris. Vance is showing what he is very clearly and maybe even the GOP will reject him. Who knows there may not be an election in the US in 2028. King Donald might just take over.
@Buster Lawless: no elections
@BarryH: What do you mean “Pharma will be hit by equal tariffs if they move if they stay”?
@Buster Lawless: the Republic party is fecked. They won’t control anything after the mid terms. Less than 15 months away
@BarryH: My thoughts exactly.. we will feel some pain but Trump is a bully boy, he’ll back track on alot of threats because unlike him not everyone in America is a billionaire…
@Gerry Ryan: your might be right because American in now the new North Korea, fascism very much alive and well in the White House.
I cannot see our economy imploding because the world bigger than American and Russia put together. American’s will suffer and are suffering.
@Buster Lawless: hahahahaha that fecking g0bshite
@BarryH: rebuild Ukraine, most of the damage is in the east, it is Russia who will rebuild that, the rest of Ukraine has moderate damage and is not obliterated like it is in the Russian controlled east. Mariupol city in the south east is nearly rebuilt. There is a youtuber who lives there documenting the whole thing. Videos from Mariupol. He opens your eyes to what really happens with the Ukrainian army.
@Buster Lawless: JD may win the next election hands down.
@Buster Lawless: Looking like JD unless the Democrats get their act together.
@Áine G: American media & the bookies have him as a “good” thing…… The mid terms next year take on a whole new meaning/ importance for Ireland & Europe. Personally,I think if the democrats back Kamila again we could be looking at 12 yrs of Republican control
@Buster Lawless: no there isn’t. He has the lowest new approval rating of any VP since records began
@Buster Lawless: democrats basically have 15 months to get their act together and do well in the 2026 elections or yea it could be anotbwr 8 years of Vance
@Buster Lawless:
The beauty of all this nonsense is that we get the leaders we deserve. Germany voted and got more of the same. France do the same.
In the headline photo, that is a dangerous smug of a smile that will cost us Irish billions.
@Tommy: WE’RE trying to deflect attention from our shambles of a government (and opposition).
We’re also overlooking the fact that our own government imposes an even higher effective rate of tax on imported cars.
A quick sample on the Revenue website gave a figure of nearly €10k tax to register a Japanese VW import with a retail value of €29k.
And we’re worried about USA import tax!
@Tommy: Irish politicians cozying up to Palestinian Hamas will cost us billions.
@Tommy:
If there is no plan B, hold our own decision makers responsible for not safeguarding our economy.
Like in the related UvdL article which is now closed for comments, what plans are in place other than defkecting and blaming?
True, EU car manufacturing is gone to the dogs for years, Volvo built in China, VW nosediving, Mercs with Citroen and Results with Ford engines, Opel plants closed, the list goes on. Focus on ev was probably the wrong move … But none of this is Trump’s responsibility.
Now they’re looking to move war hardware manufacturing into VW plants and ‘introducing’ SIU to access private income to finance their warmongering.
Again, nothing to do with Trump.
Hey journal.ie – why not report on what appears to be a ‘mandatory war bonds’ scheme?
@thomas molloy: Will? It already has. But it’s going to get a whole lot worse.
@Tommy: don’t buy American goods that way you punish Americans who voted this train wreck of a president in. The world can survive without America , can America survive without the world?
@Tommy: can we just put a photo of a withered oul orange anytime he’s being mentioned. I can’t stand that smug arsehole face!!
@zKH3MmVJ: Typical disrespect for USA, even though our economy is highly dependent on them. But you wouldn’t know that from all the political and public anti-American rhetoric and pro Hamas statements.
@Tommy: he’s not elected in Ireland
Whispers of a global financial crash . . .
@P0h2YVAL: an interesting alternative ‘view’ is to look at gold prices….when traditional markets become too ‘volatile’ gold is often seen as a safe refuge. An in excess of 10% rise in gold pricing since beginning of year ……NOT. a good omen
@Mary Linton: What a st#p1d comment. Everyone knows the markets are volatile, and everyone know why. Oooooh. “Not a good omen” ffs.
@Louis Jacob: perhaps look in the mirror! Tradionally, throughout history, Gold markets spiked in the lead up/ infancy of any financial crash. We can all learn from historical markets/ reasoning…..but I suspect multi account trolls such as yourself know it all anyhow
@Mary Linton: People are buying gold because the markets are volatile. Hence the price is up. Markets would be volatile in the lead up to a crash. But market volatility doesn’t always lead to a crash. Go to bed will ye and stop talking rubbish.
@Mary Linton: wasting your time there Mary, it’s well known that account is just one of brennys ” secondary” accounts he’s using since he got banned
@Buster Lawless: cheers the heads up, hadn’t heard of his getting banned, not surprised
@Buster Lawless: He certainly is wasting his time.
@Louis Jacob: hehe, they can ban you brens but you’re always spouting your bile regardless, fair play
@Buster Lawless: When you see people with umbrellas it’s usually a good indicator that it’s raining. NOT a good omen.
We Irish undercut everyone on corporate taxation. The US, our european partners, the lot. We gave them all the two fingers and did what was best for us. Why are we now annoyed that that same is about to happen to us?
@Oh Mammy: HARSH but true
@Oh Mammy: what do you mean the same is about to happen to us? What Irish revenue are the US talking about redirecting? What Irish companies are to be impacted? These are US companies and we have been stealing their revenue, the same is not about to happen to us, we are being called out on our leprechaun economics. Smart thieves stay quiet, we told the world we were the richest country and everyone should listen to how great we are as we looked for a pat on the head. Look at many of the comments on this thread, delusional.
@Oh Mammy: you obviously don’t work in Ireland if you’re so blasé about an impending recession. Supporting US policy implies you support trump, and since when did trump supporters become so keen to have everything taken off of them?
@Oh Mammy: its not the same actually.i cant see another president administration that would impose these tariffs..we have to see if we can ride these tariff storms for 4 years…we had to make our corporation tax level low.they would never have come here otherwise.i think trump wants a worldwide financial collapse..the eu will respond..scary times
@morgan crowe: trump wants chaos, he’s excellent at causing it
@Darius Guppy: “we told the world we were the richest country and everyone should listen to how great we are as we looked for a pat on the head”. Oh boy you nailed it in one. Chickens coming home to roost.
@Darius Guppy: i was talking more getting the two fingers – we’re gonna get the same.
@Fiona: Blase? Supporting US? Extrapolate much Fiona?
@Darius Guppy: “we’ve been stealing their revenue”… thats really inaccurate and not how business works
Where’s all the trumperclowns now?
@Ian: ””president of peace””
@Ian: Mike doe, tired jim, pres musk, john Murphy etc etc… you wanna field this Q?
@j m m: he’s here under other names, Mary Linton for example and Riann something or another
@Lei tatt: the ” Juggernaut of Peace”………… & Ukraine still going on a FULL 2 months after Inauguration
@Ian: He is busy looking after the best options for his country. Pity the clowns in the Dail don’t do the same.
It was all ‘rosy in the garden ‘ blowing in excess of a BILLION A YEAR on economic migrants, tossing millions & millions to Palestine & zelensky at will but this’ll be a substantial game changer if these tariffs bight. We’re hugely exposed to a ‘tit for tat’ trade war…..these massive financial surpluses we’ve witnessed in recent years won’t be long evaporating if the ” BIG hitters” like Apple, Pfizer,Dell etc find it’s too painful to remain in Ireland & relocate back to the US.
@Buster Lawless: it’s not that simple to move everything back to the USA, regardless of tariffs. Most of these companies especially pharma, have billions invested and are making billions also, Trump will be a distant memory in four years and it will be business as usuall.
@Buster Lawless: The brain box Left have already said they want to nationalise them. Derelict buildings won’t create jobs but hangout space for fledgling lefties.
@Paddy Ryan: JD won’t, favorite for next POTUS.
Good thing we got a load of extra junior minsters and td payrise to deal with all this
Scr€w America. Terrible nation populated by the dregs of humanity
@Mike Doe: Kip
@Fergus O’Donnell: while Trump represents the US, I don’t think he is represative of most people’s opinion. The level of ignorance of the population as a whole when it comes to economics is mind blowing.
They don’t understand the theory behind it but will definitely understand when their cost of living increases and more and more families are pushed to the wall to just survive.
When this happens think that Trump or whichever mini me he endorses and (hopefully) the GOP will get a kicking at the next election
@Colm O’ Shea: yeah, because we are economic geniuses. I mean the global crash was nothing to do with us. Compare there standard of third level education to ours, global rankings of economics degrees. Stop deluding yourself.
@Fergus O’Donnell: I’d say America is governed by the dregs of society- there are an awful lot of people who hate what is going on
@Colm O’ Shea: condescending much?
@Fergus O’Donnell: does your statement include all us Irish people?
@Darius Guppy: not claiming that we are geniuses when it comes to economics but there is an awareness of cause and effect. The global crash was precipitated by sub prime morgages in the US which crashed several banks, this effected cofidence in the system and caused a wave through the whole system.
Just because there are world class degrees available doesnt mean that the average level of education or understanding of economics is high. US has degree rates of 37% as opposed to Ireland’s 56%.
@Fergus O’Donnell: Sick comment.
I will dance with joy the day it all crashes down on this fcukstick.
@Fergus O’Donnell: You referring to Harris?
It’s not like ffg didn’t know years ago that we’ve built our economy on the backs of American multinationals. When the crap hits the fan the likes of mehole will ride off into the sunset with massive pensions while the people of Ireland shoulder the burden of another economic crash. Just like last time in ’08 when mehole was part of the government cabinet who gave away our sovereignty.
@Greagoir O Duinn: short, sweet and to the point, well said.
Trump is pretending tariffs will bring car manufacturing jobs back to the US, create jobs, it won’t. These days, most factory workers are robots:
Lorain, Ohio in the 1980s – https://youtu.be/MTRiAvBzoj4?t=28
US assembly line today: https://youtu.be/Zn6scKf7k_0?t=85
@David Jordan: US is also smart. “In 1964, U.S. imports of “automobile trucks” from West Germany declined to a value of US$5.7 million—about one-third the value imported in the previous year (equivalent to $57.79 million in 2024). Soon after, Volkswagen cargo vans and pickup trucks, the intended targets, “practically disappeared from the U.S. market.”[4]
VW Type 2s were not the only vehicle line affected. As a direct result of the a Tax, Japanese automakers Toyota (with its Publica, Crown, and Corona coupe utes), Datsun (Sunny truck), Isuzu (Wasp), and Mazda (Familia), which were selling pickup trucks, coupe utility vehicles, and panel deliveries in the US at the time, pulled these models out of the North American and Caribbean markets and did not bring over many models sold elsewhere.”
Why.. block him off.. the eu don’t need him
.
@Vicki Walsh: Ireland would be back in the dark ages without the USA, we are too small to maintain what we have now on our own , most of the jobs are from American or part owned by American companies.
@brendan C5: that’s simply untrue, 7% of the total workforce work for American companies. ‘Ireland’s domestic private and family-owned businesses form the backbone of the economy and play a critically important role in society. According to employer body Ibec, they account for 99 percent of active enterprises and 70 percent of private sector employment in Ireland’
1.17 million employed by Irish business v 150k employed by American companies – just 50k more than are employed in the US by Irish companies.
https://www.ibec.ie/influencing-for-business/economy-and-tax/ireland-and-the-us#:~:text=US%20business%20in%20Ireland%20%2D%20Fast,7%25%20of%20the%20total%20workforce.
https://kpmg.com/ie/en/home/insights/2023/12/enterprise-island-priv-ent.html
It will take years, maybe a decade, to relocate pharma manufacturing plants. Add to that, the US population is not educated enough to supply the labour in the numbers required for a sudden influx of pharma and hi tech jobs.
Yes we need to take action to remove our dependence on corporation tax, but there is no need to panic.
The amount of time and money it would cost for pharmaceutical companies to relocate to the USA will mean that they will stay as is and ride out the storm until the USA economy collapses or Trump leaves office, whatever happens first. It would not be cost effective to leave Ireland because of this speed bump
@Gearoid MacEachaidh: I get that, it’s been said alot.
But if he forces them what choice have they got.
We need more bike sheds
After the storm in Jan Dara Calleary told anyone affected in north west to send in HAS forms. We are in our 70’s, 9 days w/out power, 3 days no water, 6 days no mobile/phones. Then they changed the rules on their website and refused the majority of us. I didn’t complain, I just put a HEX on Micheal etc and said to myself there will be karma, little green apples will fall. So far Micheal had to squirm to become Taoiseach, then had to squirm to form govt, then had to squirm when sitting beside Trump, had to squirm this week with 2-fingered Lowry. Now how do I take a HEX off? I can’t find my notes ….
@Nancy Gallagher: did the rules change after you submitted your application? If so you might be able to appeal the decision
Is this not just going to affect the American citizen rather than impact Ireland? If America doesn’t produce pharmaceuticals, the American people will still have to buy them. The tariff will only affect the end user, who will have to pay even more extortionate prices than they already do; the manufacturers don’t pay the tariffs, the importers do. As someone who worked in the pharma industry, these companies have huge billion-dollar investments all across Ireland and Europe; it wouldn’t make financial sense to move or set up in the states if there is little to no competition in the USA. The other thing is, as Elon pointed out recently, there is a huge talent deficit in the USA as well. With all the deporting of immigrants and tourists, it would be extremely difficult to get workers with appropriate skills. Pharma tariffs will mostly only affect Americans negatively in this scenario.
This will never happen. There are alot of guys far bigger than Trump .and if they see they are losing money because markets are crashing due to trumps threats ,they will make their presence felt. Big pharma guys will do what’s best for their business. Regardless of tarrifs.
Trump is a loose cannon and thinks he knows everything. But the world is much bigger than Trump
He couldn’t deal his way out of a paper bag. This will backfire on the US as it doesn’t have the infrastructure to support pharmaceutical manufacturing.
@Seanfhear míshásta: I never heard anything as ridiculous.
Not going to happen. He threatened the same with the semiconductor industry. Intel has invested $25 billion in ireland and he basically told them to forget about that investment and manufacture all the chips in the US. I think Pfizer has invested something like $9 billion here so the same will happen. Pfizer will have too much invested in ireland to just pull out. So tarrif away orange man.
The USA has lost its way. No longer can it be regarded as the protector of free speech or as a reliable friend. The country is being plundered from within. This is a sign of a terminal decline and the people don’t seem to see that. Only their army is left to protect and defend it. The final blow will come soon when international oil settlements start to be made in a currency other than the USD.
I am assuming this deprives America of pharmaceuticals or makes them v expensive for America – let trump do what he wants, don’t pander , seek new markets. With regulatory side of Pharma – it’s very difficult to move production around
If no pharmaceuticals are made in the USA and Trump adds tariffs on medication and medical devices, will that not just hurt the end user, who has no choice but to buy the products anyway? A big multinational isn’t just going to uproot billion-dollar investments at huge cost to reinvest billions at further costs setting up sites in the USA to reduce costs to American people!!
@Mike Carson: they are US companies, their exec teams are largely US. Many will relocate, even if four large ones do, we are cooked.
@Mike Carson: Point is though if the Pharma is produced in the US tariffs won’t apply for American consumers.
@Darius Guppy: and if they do, where will they get the workforce?
@Mary Conneely: Eh USA.
@Pat Barry: I get that, but if currently they are not manufactured, the tariffs won’t affect the manufacturers, just the end user/patients. It will just make an already expensive medical system even more expensive.
@Darius Guppy: Just to give my limited POV on all this. I worked for a large, billion-dollar, American company. Medical sector. They acquired a new, up-and-coming product from a small US startup company. They decided to move the further development and production of said product to Ireland. The reason for this was the already established R&D division and the highly skilled workforce that was unavailable in the USA. That project cost almost 2 billion to get to market, including the transfer of operations to Ireland. For one product. Imagine the cost of taking the multiple product lines the company manufactures in Ireland and globally outside of the USA and setting up in the USA. It wouldn’t be feasible to move these, and with no American-based alternatives, they will just let the end user absorb the cost of the tariffs. The bottom line is a tariff on pharma is just a tax on the sick.
@Mike Carson: Americans currently pay import duties from the EU anyway don’t they?
@Pat Barry: the US is already dependant on foreign-born and educated workers ‘Foreign-born workers accounted for 19% of all U.S. STEM workers and 43% of scientists and engineers with doctorate degrees in 2021, the latest year of data’. The US literally doesn’t have the skilled workforce needed to attract these companies back to the US.
https://www.axios.com/2024/03/13/us-workforce-foreign-born-stem-research
The absolute state of the trolls on here cheerleading Ireland’s demise. Beyond sick
@Franno: Trolls just want attention/reaction. If you use the app version of The Journal, then you have the option to mute them.
@Franno: demise? Grow up ffs.
@Damien Leahy: cheerleading pain to be heaped upon the ordinary people of Ireland. It’s sickening, and you double down on it. Pathetic.
Send over Michael Lowry to Trump and he will come back with a good Deal for Ireland and a better one for himself
@Pat Clancy: wouldn’t it be great if Ryanair pulled it’s aircraft contracts
what does MacGregor think of his friends in white House now
@John Hally: he doesn’t think full stop.
@John Hally: you think that coke head can think?
@Lei tatt: that coke head has amassed €200 million. Like or loathe him he can think better than us.
@David: there’s a slug outside on my patio can think better than him.
This will be very hard for our Viagra export business.
@Luas Vuitton – Penneys Drag Queen: I see what you did there
Pharma is booming in Ireland. It ain’t gonta stop either. They’ll make all sorts of promises to the orange clown. But he ain’t gonta be there forever either.
Don’t put all your eggs in one basket.
Inevitable this would all blow up in our faces.
Liberation Day 2nd April watch Irelands economy implode. Watch as we reap the pain.
@Rian O’Sullivan: ^^^ troll cheerleading for economic pain for Ireland, has zero shame
@Franno: something wrong with it
@Franno: Its a simple fact kid deal with it.
@Rian O’Sullivan: the state of ya.
The rosey o’donnel effect?
This 25% vehicle tarriff won’t impact Ireland as we don’t export any of our leading car brands. Stick with your Lowry Dump truck and Folkswagon Verona (made in Tipperary) clown cars. Don’t want any Focus in here.
Most people could see this happening except the fools in government like martin and harris no forward thinking at all
thks Don ireland badly needs a mega hard recession sort sky rocketeering house prices and rents plus price of food and all this immigration into ireland crazzy carry on billions of euros beening spent out side ireland by fffg for what? if all oppasition resigned would it force an election asking for brave heart paddy,any news on x fffg leak and x goverment advisor done other day for underage offence!!!
@jn: how will people afford a mortgage if they’ve lost their jobs?
Manufacturing is not the employer it used to be and the time needed to move from one country to another while at the same being whacked with tarriffs when outside the EU is going to make this a lose lose no matter what. It also take time. Years, time enough for midterms and a whole host of other scandals and cockups to make a right mess of things in the meantime. And the US market is way smaller that it likes to believe.
Like herding cattle, when they run, walk. And when they walk, run. Folks need to sit back and let things settle before overreacting
Did you ever see a photo of someone’s face and your first overwhelming instinct is to smack it??
@Cree Bellew: Eh no, but it says a lot about you….imagine if a man made that comment about a woman!
Most of what American consumers pay for drugs like Ozempic is just pure profit for pharmaceutical and insurance companies.
It costs 15% as much in Denmark as in the US and they ain’t selling it at a loss there.
They could reduce their prices by 25% to absorb the cost of tariffs and still make a huge profit.
@Seamus Enright: in Denmark it’s covered by their equivalent of the drugs repayment scheme
tips for irish recession no.1 give drink cigs drugs up , no.2 cancel all subscritions straight away no.3 downgrade the car 1 liter 1.3 lt engine smaller insurance and tax and drive at recommened speed s saves at pump , no.4 cut out eating out as fffg will go after low paid and middle class to cut corners with spending fffg will not touch john magners types who pay no tax or their hard core voters the cute hoare farmers , be warned
I’d love to hear about how we could have “prepared” for this? Tell Pfizer to go home? Tax Amgen out of the country? What foolish thoughts! The job now is to counter these measures in a way that leaves ireland as an attractive place to do business.
C mon donaldo crush the economy
Trade wars are like a battle where the combatants stand in a circle and takes turns punching themselves in the face as hard as they can. The only way to win is to be a conscious objector. The EU needs to start comprehending basic economics and abstain from getting into any tit-for-tat tariff increases with America. The idea that they will “protect workers” is economically illiterate insanity. There has never been a single example of any tariffs saving more jobs than they cut. The EU needs to abolish all tariffs and allow free trade to actually flourish. They talk the talk but they don’t walk the walk at the moment. Now the left-wing bureaucrats at the EU Commission want to strengthen trade links with China, as if they are somehow better when it comes to slapping on needless tariffs.
@William Jennings: Of course it’s all the left’s fault, I suppose next you will be trying to convince us that Netanyahu is a saint.
@Leonard Barry: My criticism lies with the strategy of the EU Commission in general, which happens to be full of left-wing individuals who don’t have a bull’s notion about basic economics. You don’t put a fire out by adding more fuel to it! The EU talks a big game about free trade, but they’re just as bad as Donald Trump and I’m extremely critical of this knee-jerk reaction. There has been a grand total of zero examples of reciprocity ever saving more jobs than it loses when it comes to tariffs. The Left isn’t a monolith, that’s for sure, but they all don’t understand how tariffs work and this behaviour by the EU shows that. I think Netanyahu is a brilliant leader and one of the best in the world at the moment along with Milei and Modi. However, I don’t recall him curing blindness!
@Leonard Barry: It’s obvious that he is. No convincing needed.
Looking at Trump’s smug, unattractive mugshot, it’s obvious why Melania wore a very broad-brimmed hat to the inauguration!!
As for his on-off tariffs, Trump’s ignorance of non-mercantilist trade in an interconnected, globalised world is economically obtuse. The possibility of global companies relocating to the US is much more problematic and time-consuming than he thinks and would negatively impact American consumers in any case. Pharmaceutical companies in Ireland, for example, have invested hugely here and have an expert and highly skilled workforce. So, they might at least think twice before going back to the US. The old adage that there are only losers ( and Trump doesn’t like “losers” !!) in a trade war is invariably true.
@James Hanley: Think more about this. It’s a beginning of negotiations with President Trump, simple. He plays the art of the deal, hit them with tariffs, they retaliate, hit again, they concede. Renegotiate a better deal, done. Move on. What he is doing as well is those risk adverse companies who can’t wait for uncertainty, invest, and very publicly announce it they will create plants in US. Johnson and Johnson, Eli Lilly, both large employers here have done this. This buys time and gets them off the radar for now. It’s a constant negotiation game and similar to any board gsme like Go. It’s not capturing the other person’s pieces, it’s taking all their territory. So Ireland has a bunch of stooges to negotiate with President Trump’s trans, and it will get a worse deal, but it will still retain its pharmaceutical industry, but with less revenue and volumes.
@Phose: Trump was the one who threw out the NAFTA agreement with Canada and Mexico and
‘negotiated’ the USMCA to replace it in 2020. He’s now calling, what he personally negotiated, a ‘bad deal’ as if someone else and not he was responsible for it, and arbitrarily imposing sanctions . He, like his mentor Putin, isn’t to be trusted and his signature not worth the paper it’s written on. He thrives on chaos and disarray and his pals get wealthier.
We will soon be a poorer country….yet when we were rich did our leaders invest wisely…did we build proper infrastructure, public transport, hospitals and homes….what on earth do we have to show for the money we had? we may have been rich but we were certainly never wealthy! We only have ourselves to blame we put this lot back in power along with the opposition who are just as useless!
@Emer McDonnell: The ironic thing is that after the last recession all we were left with was hundreds of thousands of empty houses and FFG somehow managed to engineer a chronic housing shortage.
We are all going to regret this.
While I understand the uproar… Ireland already does this to us.. we get screwed on any cars imported even from EU made makers.. everything has VAT of 25% so… Why not.. Ireland would do the same if it was hoping for industry to return.. as much as I dislike that gom it makes somewhat sense from a US perspective.. the actual problem is that we all sat on this and the fat cats enriched themselves without the idea that someone like trump would impose something like this. But as above.. Ireland does it already and we all pay for it.. be it fuel, coal, cars…
Trump hopefully backtrack again. Not sure what the plan B the governments could of done to create that income for us. To keep the pharma’s here was a success in itself. Mehall did ok buttering up trump considering his volatile nature.
It is going to be historic when tariffs hit this little wet rock. The money laundering days are numbered and all the wokery that the Irish people are suffering from Obama and Biden legacy may get washed away as they realise they must bow down to President Trump. With it I hope all the other scams for the cronies will wilt, but we all know tax payer will be hammered to pay for this. This country is a permanent joke with the priority being speaking rights of criminals in the Dail and waving Hezzbollah flags or protesting Tesla cars. The day of reckoning when the tariffs are full targeted on Ireland will be amazing.
@Phose: my goodness, how could any right minded citizen actually cheerlead the financial hurricane that’s headed our way? Then again, your entire diatribe indicates you’re perhaps, NOT, right minded
Unemployment rate is running at about 20% when you take into account the people that are work schemes,disability even though they have a miraculous recovery at the weekends,
Think the days of big surplus with these American companies is well and truly over
Trump has pretty much insulted and trammeled everyone … except Putin and Dear Leader Un, Ireland should not be surprised at being targeted by the MAGAmadness. Fortunately, the right wing in the West Wing appears to be an assemblage of self-destructing incompetent thug wannabees. If this is the best the Right Wingers have to offer, we’ll all be Socialists within a decade. Be well.
Ireland wasn’t very smart when we decided to antagonise the largest economy in the world a few months ago voting, along with just seven other countries, to impose massive tariffs on Chinese EVs.
We were never told why. It wasn’t covered by the Journal or any of our media.
Probably to suck up to Biden’s America.
That’s looking rather daft now! Karma I guess.
T
@Vicki Walsh: Great point.
@Vicki Walsh: No thanks. Do you have coffee?
@Paul Gorry: Treats.
@Vicki Walsh: Trump was right about everything.
Trump is a bully
The main ingredient of a bully is cowardice. As soon as Germany and France got their act together Trump stood down. To be followed by Putin
What age or mentally are you lot?cop on and grow up!im talking to all of ya across the board!get a grip
Trump so be it The world existed before him and the world will exist after him
The common 5/8 need to wake up, we are being lead down the Garden Path by our inept Leaders, all this is just Capitalism gone wrong, and Markets being Exploited, and driven by the Super Rich who are getting Richer while the Poor get Poorer. Our EU Leaders are now even adding Fuel to the Fire by telling us to have 3 Days Essential Supplies in our Homes.
If we are going to have infrastructure systems and people in place here already should we not just start up a few pharma companies of our own when they pull the plug?
have your say