Inflation rate higher for lower-income households

Higher-income households were estimated to have an inflation rate of 6.1% in March 2022 while lower-income households were found to have an inflation rate 7.6%, over the same month.

For households in the lowest 10% by income, electricity, gas and other fuels was the largest contributor to their estimated inflation rate as well as transport costs and rent.

Lower-income households face a higher rate of inflation according to new research released by the Central Statistics Office (CSO) today. 

Higher-income households were estimated to have an inflation rate of 6.1% in March 2022. In comparison, lower-income households were found to have an inflation rate 7.6%, over the same month.