Ciarán Nugent: As inflation steadies, pressure from the cost-of-living crisis persists

Evidence would suggest that the situation will get worse before it gets better
Prices are still growing at a rate significantly faster and well ahead of average earnings growth, writes Ciarán Nugent. Picture: Alan Hamilton

Prices are still growing at a rate significantly faster and well ahead of average earnings growth, writes Ciarán Nugent. Picture: Alan Hamilton

The cost-of-living crisis, having broadened in 2022, is only getting worse.

Just over 20% of the Irish population are at risk of poverty or social exclusion according to the latest figures from Eurostat.

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