LOWER INCOME HOUSEHOLDS

Lower-income households experiencing greater inflation

Households with lower incomes, those in rural areas, and those headed by people over 65 continue to experience higher inflation rates. This is largely due to the fact that these households spend a larger percentage of their income on transportation, fuel, and utility costs. Prices have increased most dramatically in these areas. According to the … Read more

Inflation rates higher in June for lower-income households, CSO

According to the Central Statistics Office, (CSO) lower-income households in June saw inflation rates of up to 10.3% compared to highest income households’ 8.2%. The CSO has published an update to its first research paper on inflation broken down by various household characteristics up to June 2022.   Commenting on the research report, Joseph Keating, … Read more