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5.8

Irish consumers cut spending as energy, food inflation persists

A survey shows one in five Irish consumers are reducing spending due to rising energy and food bills, indicating sustained cost-of-living pressure. The data points to continued inflation in essential goods, which may weigh on domestic consumption and economic growth. The report is based on consumer sentiment, not hard price data, so the magnitude of the impact remains uncertain.

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Irish Independent2 days agoIEengCredibility 19%View source

Score Breakdown

Mosaic Score5.8
Model confidence0.5
Significance0.5
Source credibility0.2
Source

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