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Cost of Living

CLIMATE

Government policies failing to address both climate and energy poverty – report

Friends of the Earth report found that the government’s existing approach to both emissions reductions and energy poverty are not delivering on either front
  • Daniel Murray
  • March 15, 2023
Inflation

Shoppers spend more as grocery inflation increases – Kantar

Grocery price inflation hits record high of 16.4% in three months to end of February
  • Ellie Donnelly
  • March 6, 2023
Consumer

Eight in ten consumers change non-essential spending habits over last six months – PwC survey

Three quarters of Irish consumers said that rising prices has been the most frequently experienced issue since December
  • Ellie Donnelly
  • March 6, 2023
Energy

Shell’s CEO says cutting oil and gas production is ‘not healthy’

Wael Sawan says the demand for fossil fuels is here to stay
  • Bloomberg
  • March 3, 2023
Inflation

Eurozone inflation barely slows despite rate hikes

Policymakers are concerned that elevated prices will continue and lead workers to seek bigger pay rises.
  • Bloomberg
  • March 2, 2023
Work

Workers’ earnings rises at half the rate of inflation

Earnings in Ireland have increased to an average of more than €900 per week
  • Paul O'Donoghue
  • February 28, 2023
Cost Of Living Crisis

Cost of living package ‘last intervention’ ahead of autumn - Taoiseach

No new electricity credit, but welfare payments, extensions of tax cuts, and reform of TBESS all included in spring package
  • Daniel Murray
  • February 21, 2023
Politics

Great expectations: how far will government go on cost of living supports?

With easing energy prices calming inflation, the need for state supports has lessened this spring. But ministers are worried that people have been led to expect payouts and will be disappointed by the measures
  • Daniel Murray
  • February 19, 2023
Cost Of Living Crisis

Government to expand energy support scheme for businesses

Business Energy Support Scheme to be tweaked after low take-up; no new €200 electricity bill credits for households for now; and the Vat rate for the hospitality sector expected to increase from 9 per cent to 13.5 per cent
  • Daniel Murray
  • February 19, 2023
Energy

European gas prices slump as energy crisis recedes

Prices have plunged by more than 80 per cent from their August peak
  • Bloomberg
  • February 17, 2023
Retail

Just 21% of Irish retail workers earning a living wage

A survey from the Mandate trade union found many employees are offered relatively low working hours
  • Paul O'Donoghue
  • February 15, 2023
Hospitality

Hoteliers warn that return to 13.5% Vat rate will damage tourism sector

Government to make decision next week on whether to extend 9 per cent rate in place since November 2020
  • Ellie Donnelly
  • February 14, 2023
Cost Of Living Crisis

Two in three surveyed believe disposable income will fall this year

RedC’s quarterly consumer mood monitor found many consumers cutting spending on groceries, socialising and subscriptions, and looking to change mortgages and utility provider
  • Ellie Donnelly
  • February 5, 2023
Business Post's View

Editorial: Poll reveals consumer doom and gloom, but relief may be on horizon

New figures show that the rate of inflation eased slightly in January and there are signs the economy is responding to a series of interest rate hikes
  • Business Post
  • February 5, 2023
Retail

Tesco Ireland offers staff free breakfast and lunch in response to cost of living crisis

The retailer will also improve discounts and raise hourly pay by 4%
  • Paul O'Donoghue
  • February 3, 2023
Energy

Businesses warned tomorrow is deadline day for Ireland’s energy support scheme

Companies which have been hit by significant energy price rises can apply to the initiative
  • Paul O'Donoghue
  • January 30, 2023
Retail

Centra to create nearly 500 jobs as it opens 18 new stores

Sales at the retailer rose to nearly €2 billion last year
  • Paul O'Donoghue
  • January 30, 2023
Economy

Insolvencies rise as number of Irish start-ups falls to six year low

Rising inflation and the cost-of-living crisis created an uncertain economic environment for entrepreneurs
  • Paul O'Donoghue
  • January 30, 2023
Motoring

Used car prices may finally be levelling off following 70% surge

Prices soared during Covid, but DoneDeal said this is now being replaced by more ‘normal’ price growth
  • Paul O'Donoghue
  • January 19, 2023
Inflation

Irish inflation drops for third month in a row, but remains a ‘huge burden’

Consumer prices rose by more than 8 per cent in the year to December, with households still under pressure
  • Paul O'Donoghue
  • January 17, 2023

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