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Irish living standards fall again as inflation outstrips rise in household earnings

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CSO figures show that living standards have now fallen in three of the last four quarters amid rising costs and a dampening economic outlook

Irish households suffered another fall in their living standards in the third quarter of 2022, new figures showed, with persistent inflation leaving people with lower disposable incomes.

Data published today by the Central Statistics Office showed that living standards have now fallen in three of the last four quarters amid rising costs and a dampening economic outlook. Household incomes actually rose in Q3 of 2022, the figures showed, with a higher average hourly pay ...

 

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