Advertisement

Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Thursday 2 February 2023 Dublin: 9°C

# Cost of Living

This week
29th January 2023 - 2nd February 2023
Varadkar says he'll reveal plans for eviction ban and cost-of-living supports in mid-February
The Taoiseach said it is ‘fair to say that the rising cost-of-living is biting hard’.
Last week
22nd January 2023 - 28th January 2023
# Cost of Living
Plan to abolish public hospital charges to come before Cabinet later
Currently patients can face a charge of €80 per day with an annual cap of a maximum of 10 days costing €800.
Last month
January 2023
# technical error
Electric Ireland error means PAYG customers have avoided higher gas rate since August
The energy company says customers will have to pay the current, higher rate for their gas from 24 January.
# Cost of Living
Rate of inflation drops slightly to 8.2% in the year to December
That’s down from an increase of 8.9% in the 12 months to November 2022.
Taoiseach: 'No cliff edge to cost-of-living supports at the end of February'
Discussions will take place in the coming weeks on what further supports will be needed.
# CHRISTMAS SHOP
Inflation led to surge in Christmas grocery spend compared to 2021
On average, shoppers spent an additional €95.31 when compared to the last three months of 2021.
# Cost of Living
Government to consider extending cost-of-living support measures beyond February
Varadkar said he wanted to avoid a ‘cliff edge’ scenario when a series of schemes and reductions are scheduled to stop.
Last year
2022
Voices
Financial expert: Three steps to helping you fight the rising cost of living
Mark Coan of Money Sherpa has some handy advice for anyone hoping to get a handle on their finances.
# Electric Ireland
Electric Ireland to give all residential customers €50 credit
Pay-as-you-go customers will receive the credit this week, and bill-pay customers will see it in January.
# Cost of Living
'They're facing grave choices': Survey shows cancer patients cutting back on heating over costs
The Irish Cancer Society said it’s “the reality of having cancer in Ireland today”.
Cost-of-living pressures will persist in 2023 but Ireland should escape a recession, ESRI says
Authors of the report said there was ‘clear evidence of a slowing pace in the economy’.
# Price Hikes
Energy costs: Pinergy to increase electricity bills by 14% from January
This increase is expected to add approximately €320 to electricity bills for Pinergy customers.
# energy costs
Information booklet on how to reduce energy use will be delivered to over two million households
It’s part of the Government’s response to the unprecedented challenge facing families.
# toll charges
Alternative option to toll increases will have to be found before the new year, says Tánaiste
Discussions are ongoing on how to alleviate the rising cost for commuters.
# toll charges
Taoiseach says transport minister examining 'how best to deal' with rise in toll charges
Eamon Ryan said earlier this week that he is reluctant to reduce toll charges.
# Energy Crisis
Cabinet green lights windfall tax on energy companies
Revenue above a certain cap will be collected and used to support consumers facing expensive bills.
# budget 2023
Four Cost of Living lump sum supports to be paid to over 800,000 people this week
Payments totaling €325 million will be made this Wednesday, Thursday and Friday.
# Protests
'People are in real crisis': Cost-of-living protests take place across the country
The Cost of Living Coalition said the protests will ‘send a clear message that the budget is not enough’.
# Heineken
Heineken to hike keg prices by 9% due to 'significant' rise in production costs
The increase is equivalent to a 17 cent rise in the price of a pint, before VAT.
# cheap cuts
Irish shoppers turn to cheaper cuts of meat in light of cost of living crisis
Shoppers are moving into cheaper protein meats and cheaper cuts, said one retailer’s spokesperson.
# Price hike
Prepay Power increases electricity rates for the second time this year
The pay-as-you-go provider is not increasing its gas prices.
Voices
Analysis: We can expect to see interest rates continue to march higher this week
Economist Victor Duggan looks ahead to the expected ECB rate hike tomorrow.
# Chaos Costs Lives
Protestors stage sit-down protest inside the Houses of Parliament about cost of living crisis
The demonstrators took part in the protest in the central lobby of the Palace of Westminster, some with a Greenpeace banner reading “Chaos Costs Lives”.
# parking charges
'It's like a pay cut': Liffey Valley staff say new parking charges could cost some workers €12.50 a day
Liffey Valley staff have been protesting outside the shopping centre since Sunday.
# Pay deal
Revised terms amounting to a 6.5% pay increase accepted by public service workers
The new terms will cover the next 12 months.
# Housing
Winter eviction ban being kept under review, says Taoiseach
Housing Minister Darragh O’Brien has consulted with the AG on the issue.
# budget 2023
Cabinet signs off on plan for three €200 energy credits
The credits are due to be paid in November, January and March.
Voices
Jennifer Whitmore: The lifting of planning rules for solar panels is welcome but long overdue
The Social Democrats TD says the government is behind the curve as it finally lifts restrictions on numbers of panels on a property.
# Cost of Living
Food businesses remaining closed early in week to save on energy costs
One bar in Dublin is switching off its heating on Tuesdays but offering a food discount to customers.
# Cost of Living
Cost cited as most important factor for Irish consumers when buying food
The FSAI says it’s not surprising given the ‘current high cost of living climate and rising household bills’.
# Inflation
Inflation has reached 8.6% since start of 2022, but lower than Eurozone average
The Eurozone average reached to 10% followed a 9.1% rise in August.
Voices
Analysis: ‘Giveaway’ budget can’t gloss over collapsing living standards
Economist Victor Duggan says while some budget measures will help, we cannot ignore the rough winter ahead.
# cost of living crisis
Varadkar 'does not envisage' mini-budget as Taoiseach but can't rule out further intervention
The Tánaiste said €2 billion from the ‘rainy day’ fund could be used to help with rising living costs.
Voices
Explained: How can I get the most out of Budget 2023?
Financial advisor Ralph Benson looks at the budget announcements today and finds out who got top billing.
# your stories
'Energy payments help, but how much will our bills go up?': Your response to Budget 2023
We asked our readers to share their responses to the budget. Here’s what they told us.
# Cost of Living
'Our citizens need help': Everything you need to know about Budget 2023
The Government has confirmed a range of measures including tax band changes, electricity credits and social welfare increases.
Voices
Analysis: Minister Donohoe, this is what you should and shouldn't do tomorrow
Economist Victor Duggan has some good advice for the finance minister ahead of tomorrow’s budget.
Voices
Money Diary: An office worker in the east on €26K working in Dublin
This week, our reader is enjoying a hybrid work setup.
# Cost of Living
‘How dare you not protect our future': Cost of living becomes a fresh rallying point in a new era of protest
Saturday’s cost of living protest provides a platform for a new era of protest.
# UK
Truss defends vast tax cuts will herald 'decade of dynamism' amid hostile reception
British Chancellor Kwasi Kwarteng unveiled the biggest programme of tax cuts for 50 years yesterday.