New figures released by Eurostat show that Ireland is now the second most expensive country in the EU for goods and services.

Meanwhile, the prices of alcohol and tobacco are more than double the EU average, making them the most expensive in the EU.

Charlie Weston, Personal Finance Editor with the Irish Independent and Adrian Cummins, Chief Executive of the Restaurants Association of Ireland, joined Ian Guider on Friday to discuss the issue.

Hit the ‘Play’ button on this page to hear the piece.