At 2.68 per cent in June, the average interest rate on a new mortgage in Ireland is second only to Greece in the 19-country Eurozone.

Ireland’s rise in inflation compares to an annual increase of 8.9% in the Eurozone

The business representative group said a slowdown in the Irish economy may have already begun

The ICTU's Public Services Committee has agreed to mount a co-ordinated union campaign with ballots on action to take place from next month.

For households in the lowest decile, electricity, gas and other fuels were the largest contributor to their estimated inflation rate.

The founder of the Navan-based Meath Food Bank said some families are being forced to choose between "a roof or food" each month

The Bank of Ireland economic pulse for July showed an 8.5 fall on June's reading

Wholesale electricity prices also increased by 91 per cent in 12 months, according to figures from the Central Statistics Office

Irish tracker mortgage holders will be affected, while other mortgage holders will may be impacted depending on how banks react to the announcement. 

Car prices are now 63.7 per cent more than they were just before the onset of Covid-19, with the annual rate of inflation at 29 per cent year-on-year, according to DoneDeal's Car Price Index.

Figures from KBC show consumer sentiment dropped to 53.7 in July, down from 57.7 the previous month

One third of those surveyed said they believe young talent is emigrating from Ireland

Workers unions and the Government had been negotiating a new public pay deal last month but discussions stalled after a 5 per cent increase over two years was turned down

Paschal Donohoe said the data ‘underscores the challenges our economy faces’.

Sinn Féin said ministers were sending a ‘devastating message’ to struggling families that ‘you are on your own for the next while’.

The CSO’s Consumer Price Index soared to a 38-year high in June, recording its largest annual increase since 1984

The bank said consumer spending rose 4% compared to May, despite consumers making nearly 500,000 fewer transactions

The EU executive now predicts growth of 2.6% this year for the bloc, slightly less than the 2.7% it had forecast in May

A protest was staged outside Leinster House on Wednesday over low pay and increasing costs

Households are in line for the biggest drop in living standards in more than a decade, according to the Central Bank.

Sinn Fein leader Mary Lou McDonald said families on modest incomes are ‘fighting to stay afloat’.

The Government announced on Tuesday that the back-to-school allowance is to increase by €100 per child.

An annual school-costs survey shows parents are now spending an average of €1,195 per primary school child

Minister for Education Norma Foley confirmed school transport fees will also be waived for the upcoming academic year

Tánaiste Leo Varadkar said ministers were working to give families additional help to pay for back-to-school costs.

Minister for Finance Paschal Donohoe has said that he is very aware of the challenges facing people

The planned spend of 6.5 per cent “is a long way from chasing inflation at nine per cent”

The Summer Economic Statement sets out the broad parameters on the funds available for spending and tax measures

Minister for Finance Paschal Donohoe and Minister for Public Expenditure and Reform Michael McGrath are to unveil the Government’s spending plans on Monday

Gas prices will increase by 29.2 per cent, while electricity will jump by 10.9 per cent

Consumer price growth in the 19 countries sharing the euro accelerated to 8.6 per cent in June

Leo Varadkar said there is only so much the Government can do to help ease the financial pressure for households

The Green Party leader said he does not agree with holding an emergency budget, as called for by opposition parties

Mary Lou McDonald accused the Government of not doing enough to support families struggling with soaring bills.

The data from Kantar showed take-home grocery sales in Ireland fell by 4.9 per cent in the 12 weeks to June 12th

Bank of Ireland's Business Pulse dropped below its pre-pandemic level for the first time in June

'Things are bad enough in the summer – what’s it going to be like in the autumn and winter?' Owen Reidy of the ICTU said

The number of homeless adults and children has risen above 10,000 for the first time since the pandemic began.

The Minister for the Environment and Transport said he was confident Ireland would be able to manage without rationing.

Taoiseach Micheal Martin said there must be a balance found in order to avoid “a stagflation situation”.

Sinn Fein’s Pearse Doherty said his party is calling for targeted measures to help people now.

Micheál Martin reiterated that he does not foresee measures being taken before the budget is announced in the autumn.

Thursday's front pages

The Irish economy is to continue to grow in 2022 despite forecasts that inflation will average at 7.1 per cent in 2022, according to a report by the Economic and Social Research Institute (ESRI).

Those earning above €150,000 are due to have their pay restored to pre-financial crash levels at the start of July.

The Tánaiste made clear that he does not believe Ireland will face energy supply issues this winter

Micheál Martin has argued that the best time to implement further cost-of-living State supports is ahead of winter

Paschal Donohoe said corporate tax receipts create an "artificially benign picture" of the public finances

Almost one third (32 per cent) of Irish consumers plan to cut back on spending in the next three months due to inflation driving the cost of living up, according to a new survey. 

Ictu president Kevin Callinan said Government representatives told the WRC they were not prepared to move from their position