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Sunday 1 October 2023 Dublin: 14°C

# Cost of Living

30th September 2023
Leo Varadkar defends smaller package of one-off budgetary measures
The Taoiseach has defended the government’s approach to the upcoming Budget at a Fine Gael conference in Co Waterford.
Last week
24th September 2023 - 30th September 2023
Cost of consumer goods and services rises 5% since last year
The rate of inflation is still higher than it should be but less steep than previous periods.
Living wage increased to nearly €15 to adjust for rising costs
It is estimated that approximately one-in-five full-time Irish workers are earning less than the living wage.
Steep rise in number of Irish households falling into arrears on energy bills
There has been a steady rise in households falling into arrears on electricity payments since the Government’s
Last month
September 2023
Grocery price inflation slows but remains high at 11.5%
Shoppers visited grocery stores more often this month than last month but purchased an average of one less item.
Flogas Energy announces 30% cut in electricity and natural gas unit rates and standard charges
The company announced three price hikes last year, before freezing prices in January.
Primary schools call for more funding as OECD report finds Ireland lagging behind neighbours
Primary school bodies have highlighted the increases in energy, insurance, cleaning and waste disposal costs among others.
McGrath says Budget will be focused on cost of living and helping households with bills
The Finance Minister said he is “very conscious” of petrol and diesel costs and that a decision will be made on excise duty before the Budget.
August 2023
Grocery inflation slowing but supermarket prices still rose by 12.8% in three months
Dunnes and Tesco are the most popular supermarkets in Ireland.
Opinion: Leo Varadkar's Lidl-inspired cost-of-living leaflet is tone-deaf and out of touch
Mum Margaret Lynch says parents don’t need to be told how expensive back-to school costs are.
Irish government dismisses suggestion of Italian-style windfall tax on bank profits
The future of Ireland’s existing bank levy will be decided in the Budget.
'I wonder have I failed my family': Readers describe their struggles with mortgage repayments
A report by
Jane Matthews
We asked readers how higher mortgage interest rates are impacting them.
Dept of Finance says govt can't do anything about banks paying low interest rates to savers
According to comparison site the best interest rate for savers in Irish banks at the moment is 2%
Government urged to extend school books grant to secondary schools
The move follows the publication of a Barnardos survey earlier today which found that 24% of secondary school parents had to take out a loan or borrow from friends to cover back to school costs.
Are you struggling because of increased mortgage interest rates?
Have your monthly outgoings shot up as a result of higher mortgage interest rates? We want to hear from you.
This year
Gas customers advised to submit meter readings as one woman overcharged by thousands
The nature of the problem didn’t become apparent until she decided to conduct her own evaluation.
Back to school: Costs going down but parents still going into debt
Parents have cut back significantly on extracurricular activities, while 13% are seeking loans to cover costs.
Rising prices will have fundamental impact on budget, warns Paschal Donohoe
The Government’s budgetary spending ‘envelope’ is due to be announced tomorrow.
Major Irish supermarkets announce price cuts to own-brand milk
Lidl, Aldi, Tesco and Supervalu have all confirmed the price of their own-brand milk will go down over the weekend.
No evidence that Irish supermarkets are engaging in price gouging, report finds
The consumer protection watchdog compiled the report after Enterprise Minister Simon Coveney wrote to them about the grocery retail sector.
Transport Minister has had no engagement with toll companies despite Cabinet colleague claims
Minister Heather Humphreys said Transport Minister Eamon Ryan was engaging with toll operators.
Analysis: Weekly shop increases aren't driven solely by higher costs - what about company profits?
Economist Victor Duggan looks at the latest economic figures and asks why super-sized profit margins are not being queried more.
650,000 families to receive an additional €100 per child in benefit payments today
The additional payment is part of the Government’s package to help people with the cost of living.
Cost of living: New campaign launched for customers concerned about mortgage repayments
As part of the campaign, the BPFI has launched a new online resource
Is Ireland once again a 'Treasure Island' for supermarkets?
In 2013, TDs wondered if there was truth behind the rumour that Tesco called Ireland, ‘Treasure Island’.
Analysis: Corporate profits must also be taken into account when discussing inflation
Cost-of-living: Average year-on-year costs of milk and sliced bread rises by 24% and 13%
Elderly woman forced to use savings for late husband's headstone to pay energy bill, Dáil hears
Sinn Féin TD Sorca Clarke raised the case during Leaders’ Questions this afternoon.
Petrol prices fall to the lowest since September 2021 but rises expected next month
According to a recent survey conducted by AA Ireland the price for both petrol fell by 2.6% while diesel fell 1.2%.
From energy caps to scrapped TV licence: How nearby countries responded to cost-of-living crisis
What measures have some other governments responded to rising prices over the last year?
Analysis: Corporate profits must also be taken into account when discussing inflation
Oana Peia and Davide Romelli look at the increases in inflation and asses the impact corporate profits are having on this cycle.
Government accused of ‘sitting on its hands’ during cost-of-living crisis
Taoiseach Leo Varadkar told the Dáil the Government was introducing measures every month to help people struggling with bills.
Retailers must 'step up to the plate' and reduce grocery prices, Richmond says
A meeting of the Retail Forum is due to take place on Wednesday.
GAA Go creating 'invisible barrier' for older fans, says Age Action
The GAA Go platform has come in for criticism as 38 games are exclusive to the streaming service this year.
GAA Go creating 'invisible barrier' for older fans, says Age Action
The GAA Go platform has come in for criticism as 38 games are exclusive to the streaming service this year.
Retail summit to discuss concerns over food prices in Ireland
The meeting has been called by Neale Richmond, the junior minister with responsibility for retail business.
Financial advisor: Another ECB hike has been imposed - what should mortgage holders do?
Kieran McAuliffe of Provest looks at today’s ECB increase in interest rates – the seventh in a row – and has some advice for mortgage holders.
So-called 'supermarket price war' is more like 'phony battle of convenience', Dáil hears
Cairns also questioned state agencies’ ability to tackle opportunist profiteering.
Irish supermarket chains to cut price of own-brand butter
It follows a similar cut in the price of own-brand milk last week.
Govt acting like commentators by failing to ensure energy companies pass on savings, says SF
Irish wholesale electricity prices have been falling in recent months.
Companies should pass on savings as costs fall, Donohoe says
The Public Expenditure Minister said that the Government would be watching out for companies profiteering.
European Central Bank expected to hike interest rates again as inflation grows
The inflation rate in the eurozone rose to 7% in April.