That's according to a Professor at AIT, who lectures on Supply Chain Management.
Midlands consumers and manufacturers will continue to see price rises because of materials shortages.
That's according to AIT's Professor Mark Cashin, who says timber has more than tripled in price and aluminium costs have increased by almost 70percent.
It's because of the pandemic, Brexit and ongoing fallout from the Suez shipping hold-up.
Professor Cashin, who lectures on Supply Chain Management, believes increased demand will encourage many people to pay higher prices.
He says computer chips are a good example of the new reality.
Pilot Programme For Parents Of Neurodivergent Children Launches In Laois
Midlands Simon Community Receives Major Funding
Emergency Services Call For Safety This Halloween
Midlands Homelessness Figures Continue To Rise
Westmeath Woman Wins Over €45k in Telly Bingo
Offaly Comedian Urges Men To Check For Testicular Cancer
Tánaiste Reviews Infantry Battalion In Westmeath Ahead Of Lebanon Deployment
Laois TD ‘Couldn’t Stomach’ Taoiseach’s Fine Gael Backing
Disruption On Midlands Train Services Expected This Weekend
Man Escapes Injury After Car Fire In Westmeath
Midlands Soldiers Taking Part In Latest Deployment To Lebanon
Popular Laois Forest Named In Coillte Top 20
Laois Author Recounts First Meeting With F1 Legend Eddie Jordan
Truck Driver Jailed For Five Years Over €2.8m Cocaine Haul
ESB Networks Invests €6.5m In Laois Training Centre
Offaly GAA Calls For End To Allianz Sponsorship
IFA Concerned Over Rushed Safeguard Approval For Mercosur
Westmeath Refuge Centres Step Up Support For Women And Children
Frightfully Fun Events Taking Place In The Midlands This Halloween
Social Finance Boosts Westmeath Boat Club