Poorest people hit by harsher inflation as unions prepare for strikes

Sean Moynihan, CEO of Alone, said his organisation is concerned about the impact of inflation on older people this winter and in 2023. File picture: Arthur Carron

The cost of living crisis is having a disproportionate impact on the most vulnerable people in society with older people rationing food as they struggle to pay their energy bills.

The Central Statistics Office (CSO) estimates that inflation to June 2022 is at 8.2% for the highest earning households, but 10.3% for those with the lowest levels of income.