Irish households face the largest drop in living standards since the 2008 financial crisis, warns ESRI

Irish households face the largest drop in living standards since the 2008 financial crisis, warns ESRI

Irish households are facing the largest decline in living standards since the financial crisis in 2008 as earnings do not keep pace with rising inflation, the Economic and Social Research Institute (ESRI) has warned. The institute also predicts a possible slowdown in house price growth due to rising interest rates. In its latest summer commentary, …

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