More than four in five Irish people are worried about the cost of living, with nearly half fearing they will struggle to meet household expenses in the coming year, according to new research. The survey, commissioned by the Irish Human Rights and Equality Commission, found that 84% of the public is concerned about cost-of-living pressures, … Read more
The price of petrol and diesel is set to rise again from midnight tonight. Excise taxes levied by the government, which were reduced as a result of the cost-of-living problem, will be gradually restored. Petrol prices will rise by six cent per litre, while diesel will go up by five cent. Agricultural diesel will also … Read more
Greedflation is the new word for when companies exploit inflation as a justification to increase their profit margins. Especially in light of the fact that customers are facing a problem caused by cost of living, companies view it as cynical. Also, the European Central Bank has issued a warning, noting that it is “closely” monitoring … Read more
The cost of living crisis will result in increased trash fees starting today for thousands of families in Dublin and across the nation. The Irish Mirror reports that Panda Recycling will start charging €3.80 for each compost container lift. The new fee was added less than a year after Panda Recycling raised its service fees … Read more
People have been warned by the Department of Social Protection that previously approved deductions may apply to their cost of living payment. As part of the government’s continued attempts to curb rising costs, the payment was made on April 24. Those who have received welfare payments for more than a year are eligible for the … Read more
The Central Statistics Office (CSO)’s most recent estimates indicate that Ireland’s annual rate of inflation dropped to 6.3% in April. According to the EU Harmonised Index of Consumer Prices (HICP), which allows for comparisons with nations in the Eurozone, the figure is down from 7% in the 12 months leading up to March. The HICP … Read more
The Central Statistics Office released its most recent data today, showing that the annual rate of inflation decreased to 7.7% in March from 8.5% in February. This is the lowest level in 11 months.. The most significant increases in the year were seen in Housing, Water, Electricity, Gas & Other Fuels which was up 20.8% and Food … Read more
Aldi has released information on its new cost of living budgeting website to help struggling customers. Customers can now find budgeting tips, cheap recipes, and money-saving Special Buys on the “Incredible Savings” webpage. The website will also highlight Aldi’s most recent shopping deals to allay fears about rising living costs. An Aldi poll from January … Read more
Pinergy is the first power provider in Ireland to declare a price cut. Standard home electricity prices will decrease beginning on March 31, according to the corporation. The adjustments will result in a 7.1% decrease in typical household costs, or €183 annually (including VAT) based on normal usage. The 24-hour standard rate (without VAT) will … Read more
Nestle’s chief executive Mark Schneider told a German newspaper that the company will have to increase the prices of its food products further this year to make up for higher production costs that it has not yet fully passed along to customers. The increases won’t be as sizable as they were in 2022, but “we … Read more
Taoiseach Leo Varadkar has confirmed that the cost-of-living measures come to an end after February because the government lacks the funds to keep them all going. Mr. Varadkar said that the government will conduct a review to determine which measures they can continue to support after the introduction of cost-of-living measures like the three €200 … Read more
Minister for Further and Higher Education, Research and Innovation, Simon Harris, has announced €4.3 million to assist students with the cost of living. The once off funding will be provided through the Student Assistance Fund, which assists students with books and class materials, rent, childcare, transport among other things. The HEA will distribute funding of … Read more
Ministers are set to sign off on an 80-cent increase to the minimum wage to €11.30 per hour from January. Ministers are set to sign off on an 80-cent increase to the minimum wage, bringing it to €11.30 per hour from January. Leo Varadkar, the Tánaiste and Minister of Enterprise, is also expected to recommend … Read more
Electric Ireland has announced another price hike for electricity and gas customers for the third time in five months. The energy supplier will raise the standard pricing for gas and electricity, resulting in a 26.7 percent and 37.5 percent rise in monthly bills. The new prices will go into effect on October 1st. The largest … Read more
The petrol price and diesel is marginally stabilising, but AA Ireland has issued an alert that it is impossible to predict what will happen next. In July, the average pump price for petrol was 200.3 cents per litre, while the price for diesel was 201.8 cents, according to their most recent Fuel Price Index. After … Read more