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

I will go back over that again. I have not disputed that is the case in 2025; I am saying we may end up with it not being the case before the end of the year, because for the past three months, inflation has been outpacing wages. There are warning bells going off all around the place. Inflation stands at 3.2%. It was projected to be 1.8%. The Government delivered a budget. The Tánaiste is the guy who signed off on that and who brought the Finance Bill through this House. The ESRI has been very clear that everybody is worse off. Let me qualify that - developers, bankers and speculators are not worse off. People with extreme wealth are not worse off. The ESRI, looking at its models, said the Government has left families and workers worse off. It is there in black and white. How the Government was able to pull that trick off in a €9.4 billion budget goes beyond me. That budget was based on inflation rates but they are higher in reality than was projected on budget day. I am probably hitting my head against a brick wall here, but the Government really needs to revise this because there are people who are really struggling and it has left them high and dry this Christmas.

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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