Inflation hitting lowest-income households and over-65s the hardest, CSO data shows

Central Statistics Office data shows the groups which experienced inflation at a higher rate than the official measure of inflation included lower-income households, households that rent their home from a local authority, households renting privately, one-parent households, households where the dwelling is owned outright, and rural households. File photo: iStock

The poorest households in Ireland are experiencing the highest rates of inflation, a new analysis from the Central Statistics Office has found.

The new estimated inflation rates put inflation to June 2022 at 10.3% for lower income households compared to 8.2% for the highest income households. This compares to the consumer price index figure for the same month putting inflation at 9.1%, the highest in nearly 40 years.