Half of households to spend less this year due to rising prices

A new survey shows that nine in 10 consumers are feeling the pinch of rising fuel costs and 77% have noticed an increase in their shopping bills
Half of households to spend less this year due to rising prices

The cost of living has risen by 7.3% since April 2021, according to the Central Statistics Office.

Nearly 50% of households said that they were likely to spend less this year to mitigate the rising cost of living, according to a new survey by Taxback.com.

Of more than 1,200 people surveyed, nine in 10 said they were feeling the pinch of fuel costs and 77% had noticed an increase in the price of their shopping bills.

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