Cost-of-living crisis 'more devastating' than last financial crash

The surge in the price of the weekly shop has consumers feeling the pressure heading into new year, economist Austin Hughes said, “never mind the extra little bits at Christmas”. File photo 

Irish households have experienced a “very sudden change” in their ability to afford everyday essentials that has been “more abrupt, more devastating” than the last financial crash.

The surge in the price of the weekly shop has consumers feeling the pressure heading into new year, economist Austin Hughes said, “never mind the extra little bits at Christmas”.