Government urged to remember households 'in crisis' as cost of living continues to rise

Government urged to remember households 'in crisis' as cost of living continues to rise

There have been double-digit rises in the cost of many food staples in the past year, according to the CSO.

Inflation has dropped for the third month in a row but remains stubbornly high, as the price of food and housing continues to drive the rise in the cost of living.

The Central Statistics Office’s Consumer Price Index for January 2023 put the inflation rate at 7.8%. This was a fall from 8.2% the previous month and from a high of 9.2% in October. It is the 16th straight month that inflation was above 5%.

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