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5.5
Irish household savings rate rises to near 20% despite cost-of-living squeeze
Published 2 d ago2 sourcesEvidence: Reported
SeverityModerateIrish IndependentLow-rated sourceIE
A Consumer Reports survey indicates that rising electricity costs are pressuring US households, with 20% saying they would reduce food spending to pay power bills. This signals growing energy affordability stress, which could weigh on consumer spending and inflation expectations, though the survey's methodology and exact sample size are not detailed.
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