Half households cut back on food as recession bites

Half of households are cutting back on basic food spend while 10% are having to borrow money from friends and family as a direct result of Ireland’s ongoing financial crisis.

Figures revealed by the CSO show that, despite attempts to kickstart the economy, families are still doing without the most basic parts of life.

According to the figures, which can be read in full at irishexaminer.com, 83% of households have cut back on food, clothes, entertainment, utilities, or other items over the past 12 months.