A Clare financial advisor predicts local businesses will come under pressure to raise wages in the new year.
Irish inflation is peaked at just over 8% in 2022 and is expected to slip back to 6% in 2023 and reduce to 2.8% in 2024.
However, wages in most sectors remained static in the third quarter of 2022.
Tommy Corbett of Carey Corbett Financial Solutions in Ennis says pressure to increase salaries is inevitable.
You can listen back to the full interview below.
