🇮🇪 Oil Price Shock Impact on Ireland
Modeled estimates of how a sudden oil price increase (to $128/barrel, realistic sensitivity) would affect different sectors of Ireland's economy.
Sectors
- ✈️ Travel & Tourism — estimated +12% to +21.9%
- 🚛 Transportation — estimated +15.9% to +29.2%
- 🛒 Food & Groceries — estimated +6% to +14.6%
- ⚡ Energy — estimated +19.9% to +36.5%
- 🏗️ Construction — estimated +8% to +17.1%
- 🏠 General Cost of Living — estimated +9.9% to +19.5%