Top earners see 8% increase in disposable income: CSO

While most people have seen their disposables income plunge in recent years, new figures show that the top 10 per cent of earners have actually seen an increase.

By Jennifer Wade Wednesday 28 Mar 2012, 3:50 PM

Mar 28th 2012, 3:50 PM 5,763 Views 45 Comments

http://jrnl.ie/399195

Image: Barry Batchelor/PA Archive/Press Association Images

Image: Barry Batchelor/PA Archive/Press Association Images

WHILE ALMOST EVERYONE in Ireland has seen disposable incomes shrink considerably in recent years, those who fall into the top 10 per cent of earners have experienced an increase of 8 per cent.

In a recent report on living standards in Ireland, the Central Statistics Office reports that in 2010 those on the “lowest income decile experienced a decrease in equivalised disposable income of more than 26 per cent while those in the highest income decile experienced an increase in income of more than 8 per cent”.

The report states:

While it is acknowledged that the decile income limits and composition of each decile change from year to year, an examination of equivalised disposable income by decile between 2009 and 2010 was carried out. Results showed an uneven distribution of the percentage change in equivalised disposable income across the deciles.

Those in the lowest income decile experienced a decrease in equivalised disposable income of more than 26 per cent while those in the highest income decile experienced an increase in income of more than8 per cent.

Disposable income falls and risk of poverty rises: CSO>

Short URL

About the author:

About the author

Jennifer Wade

jen@thejournal.ie

See more articles by Jennifer Wade

Contribute to this story:

Send a Correction

COMMENTS (45)

∞

About Us

Corrections

Report Content

Policies

TheJournal.ie supports the work of the Press Council of Ireland and the Office of the Press Ombudsman, and our staff operate within the Code of Practice. You can obtain a copy of the Code, or contact the Council, at www.presscouncil.ie, PH: (01) 6489130, Lo-Call 1890 208 080 or email: info@presscouncil.ie

Please note that TheJournal.ie uses cookies to improve your experience and to provide services and advertising. For more information on cookies please refer to our cookies policy.

News images provided by Press Association and Photocall Ireland unless otherwise stated. Irish sport images provided by Inpho Photography unless otherwise stated. Wire service provided by Associated Press.

Journal Media does not control and is not responsible for user created content, posts, comments, submissions or preferences. Users are reminded that they are fully responsible for their own created content and their own posts, comments and submissions and fully and effectively warrant and indemnify Journal Media in relation to such content and their ability to make such content, posts, comments and submissions available. Journal Media does not control and is not responsible for the content of external websites.

Top earners see 8% increase in disposable income: CSO

While most people have seen their disposables income plunge in recent years, new figures show that the top 10 per cent of earners have actually seen an increase.