Economy to grow but inflation means a fall in living standards on the way

Ireland’s economy will continue to grow strongly this year based on the performance of multinational companies in Ireland. However, rising inflation means households facing biggest fall in living standards since 2008. That’s according to the latest...

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07.00 24 Jun 2022

Economy to grow but inflation...

Economy to grow but inflation means a fall in living standards on the way

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Newstalk Breakfast

Newstalk Breakfast

Share this article

07.00 24 Jun 2022

Ireland’s economy will continue to grow strongly this year based on the performance of multinational companies in Ireland. However, rising inflation means households facing biggest fall in living standards since 2008. That’s according to the latest assessment of Ireland’s economy by the ESRI.

Paschal Donohoe, Minister for Finance & President of the Eurogroup spoke to Ciara this morning.

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