\u00a0\u201cWhat\u2019s pushing it up are three old favourites,\u201d she said.\u00a0<\/p>\n
\u201cThe food and non-alcoholic beverages; the food costs, as anybody doing a supermarket shop will testify, have really gone out of control.\u00a0<\/p>\n
\u201cThey are punching up inflation up 4.5%, really up about a third in the last three years – which is extraordinary.\u201d\u00a0<\/p>\n
![\"2K1K6NB](\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/11\/2K1K6NB.jpg\")
A family having Christmas dinner. Picture by: Alamy.com.\u00a0<\/p>\n
Ms Ryan also noted that the October figure was also influenced by higher one off back to school costs.\u00a0<\/p>\n
\u201cYou will recall that last year, the budget brought down the student contribution,\u201d she added.\u00a0<\/p>\n
\u201cNot so much this year; people are having to pay more for that.\u00a0<\/p>\n
\u201cThen electricity and energy prices are up again.\u201d\u00a0<\/p>\n
![\"Grafton](\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2025\/11\/BHKCYD.jpg\")
Christmas lights on Grafton Street. Picture by: Peter Scholey \/ Alamy.com.\u00a0<\/p>\n
Overall, it means that many consumers are feeling distinctly gloomy as they head into the festive season.\u00a0<\/p>\n
\u201cKPMG did a survey recently where people are saying that people are saying they\u2019re going to cut back,\u201d Ms Ryan said.\u00a0<\/p>\n
\u201cWe\u2019re going to buy fewer things and we\u2019re going to buy lower priced things.\u00a0<\/p>\n
\u201cThat includes shopping for own brand labels and maybe doing a Kris Kindle instead of buying gifts.\u201d\u00a0<\/p>\n
Whatever people\u2019s intentions, Ms Ryan predicted it might not matter once those Christmas lights are switched on, as people \u201cget into a panic\u201d and end up overspending on gifts.\u00a0<\/p>\n
\u201cI think the big losers here will be on the dinner table at Christmas,\u201d she said.\u00a0<\/p>\n
\u201cTurkeys because of the bird flu, but also luxuries; the cream, the butter.\u201d\u00a0<\/p>\n
Main image: Christmas dinner. Picture by: Shutterstock.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Christmas costs have spiralled \u201cout of control\u201d as the economy is once again gripped by inflation.\u00a0 In October,…\n","protected":false},"author":2,"featured_media":140271,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-140270","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/140270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=140270"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/140270\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/140271"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=140270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=140270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=140270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}