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Tuesday 3 October 2023 Dublin: 14°C


Last year
Traditional remedies might not work. So how will we cure the surging cost of living?
A report by
Ian Curran
Almost everything is more expensive than it was a year ago, from energy to fuel to bathroom fittings and Big Macs.
Almost everything is more expensive than it was a year ago, from energy to fuel to bathroom fittings and Big Macs.
Usually, governments might cut public spending and central bankers could hike interest rates in response.
But economists say the logic of traditional remedies is 'debatable' in the unprecedented context of the pandemic.
'Suite of measures' to address the rising cost of living expected 'in the next couple of weeks'
No let up in cost of living surge in January as Eurozone inflation hits a record high
Explainer: Why is everything more expensive?
In Ireland and across Europe, prices have risen sharply over the past year as economies have reopened.
No let up in cost of living surge in January as Eurozone inflation hits a record high
CSO examining how to show 'disproportionate' impact of soaring inflation on poorer families
All time
Irish economy on the brink of overheating stoked by ongoing Brexit uncertainty
The report claims Ireland’s economy is not yet overheating, but if trends continue, it could do so within the next two years.
Poll: Should the Government reduce taxes?
Many economists believe that tax cuts are a bad idea.
The economy will grow but warning there is 'no case for tax cuts'
While Ireland spends more than average among ten rich EU countries, it is behind on spending in education particularly.
Here's everything you need to know about business this week
Everyone was talking about Ryanair’s U-turn, trains and automobiles, and the city-country divide.
Saying jobs are only being created in Dublin is 'highly misleading'
One in four workers earn less than the living wage, new research has found.
'These blunt, cold letters show just how desperate the situation was'
The Nevin Economic Research Institute said that while the contents of the letters from the ECB to Brian Lenihan isn’t a shock, the tone is surprising.
There's "no room" in the Irish economy for tax cuts - we should be investing instead
The conditions just aren’t right yet, the Nevin Institute has said.
Irish households pay just under 24% in tax, a new study says
If you’re at the bottom or the top of the income charts, you pay more than the average.
The briefcase: subprime mortgages, house prices and burying a Bentley
This was the week in business…
Call for government to be allowed shut down social media sites rejected by Fianna Fáil
A motion that called for the government to be given the right to shut down a social media site if it leads to the death of a citizen was defeated by delegates on day two of the party’s Ard Fheis in Killarney.
250,000 households have less than €15,000 a year to live on
But income gaps are skewing analysis of the income average according to the Nevin Economic Research Centre.
Government can avoid further cuts with tax hike for top 10% of earners
The Nevin Economic Research Institute said that €400 million could be raised with a 1.5 per cent increase on the top 10 per cent of earners.
NERI publishes alternative approach to Ireland's budgetary policies
The economic institute says using the promissory note savings, investing in a stimulus package and taxing the top 10 per cent of earners could reduce the government deficit to 3 per cent by 2015.
Low growth and high unemployment forecast for next three years - NERI
Authors predict a further fall in the numbers employed in 2013 but expect employment to remain static in 2014 and 2015.
33% of households have an income of less than €30,000 - NERI
New NERI research shows that 62 per cent of households across the country have a gross income below the mean.
Column: What is a ‘high earner’ in Ireland today?
We tend to think of ‘high earners’ as being those with salaries above €100,000 – but the figures reveal a different story, writes Micheál Collins.
Column: We’re told more austerity is inevitable. That’s not the whole story.
We hear a consensus that more big cuts are necessary – but there is an alternative, writes Tom Healy. Here it is.
Working costs parents up to €400 a week - provisional study
However, the costs fall dramatically as children grow older and begin school.
Column: The last thing Ireland – and Europe – needs is more austerity
Further budget strictures? We badly need investment instead, writes Tom Healy after the announcement of the Fiscal Treaty referendum.