NEW: The impact of the Protocol upon the cost-of-living in Northern Ireland. A 🧵.
We have had a *lot* of requests for this, and there is so much to unpack. Stop, grab your morning coffee, and take a read through our analysis.
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First, what's the overall impact?
DUP MP Ian Paisley Jr claimed the Protocol is "adding 27% additional costs to everything in Northern Ireland".
This isn't accurate. Standalone inflation figures for NI would help determine a figure, but they don't exist.
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What about groceries?
During the BBC Debate, Sir Jeffrey Donaldson MP said consumers here pay "4% more per item" than in GB.
This isn't correct. Analysis from Kantar, cited by Sir Jeffrey, shows that the average total grocery price was in fact 8% *higher* than in NI.
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Well, what about transport?
A DUP spokesperson said the haulage sector has seen a 27% increase in costs since the Protocol was introduced.
This is based on research from the Road Haulage Association. It is not fully representative of the whole logistics industry.
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So, has the Protocol impacted the cost-of-living crisis?
👉Lack of data makes this difficult to assess.
👉Inflation is rampant across the world. It is difficult to pin down the Protocol's impact.
👉That being said, some claims made on the Protocol are just not right.
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Read our full analysis:
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Follow these links to find out more on information on this story and concerning the DUP Facts on the cherry-picking of the NI protocol: DUP are being very economical with the truth about NI Protocol impact on cost-of-living inaccurate, Fact-Check group says.
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