There are several price increases coming next month costofliving costoflivingIreland
Households are continuously being hit with price increases, especially with fixed and variable rate mortgages. Read more: Four social welfare changes that may be included in Budget 2024 The implementation date for the Back to School Clothing and Footwear Allowance is June 2023.
For a child aged from 4 to 11 years, the payment will be €260 and for those aged 12 to 22 it will be €385.Bill increases Diageo This reduction was meant to end in August 2022 but it was extended until 28 February 2023. Earlier this year, it was extended again 31 August 2023. It is expected to come to an end next month.This summer AIB confirmed that their AIB and Haven variable mortgage rates will increase by 0.65%. The EBS's variable mortgage rate will increase by 0.45%.Bank of Ireland has increased its mortgage rates. Their fixed rate mortgages will rise by 0.25% for new and existing customers.
The European Central Bank announced that they are increasing their rates for the ninth consecutive time - from 3.5% to 3.75%.
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