Inflation Rate
Dail Éireann — 2025-12-18
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Pearse Doherty (SF), Donegal

People are being crucified as a result of the cost-of-living crisis. I have raised this with the Tánaiste time and again. Inflation is going back up and is eating away at workers' wages. It is leaving households struggling to make ends meet. Real wages declined in 2022 and 2023. They only increased by 0.1% in 2024. We are in danger of seeing the same again in 2025. The Tánaiste has made the point repeatedly about wages outpacing inflation. Over the past three months, however, we have again seen inflation outpacing wages. Inflation is going up higher than wages. This year, the Government brought forward a budget based on certain inflation projections. It appears those projections are no longer credible. The Government delivered a budget in 2025 where it thought inflation was going to be 1.8% this year and the CSO is telling us it is nearly double that. It is estimating it at 3.2%. Surely there is a need to revise what the Government has done. People are being fleeced, and the Government expected something very different from what is actually happening.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2025-12-18/debate/main
Retrieved: 2026-08-14T04:54:29+00:00
Sitting date: 2025-12-18