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<\/p>\nFigures from its 2025 Year in Numbers show that by the third quarter of the year, average weekly earnings reached \u20ac1,003.81.<\/p>\n
That was a major jump compared with a decade earlier as in the same period in 2015, average weekly pay was just under \u20ac693, an increase of almost 45pc. Weekly pay statistics have been tracked since 2008.<\/p>\n
Pay growth was not limited to any one part of the economy, average hourly earnings increased across all 13 economic sectors over the decade.<\/p>\n
The highest-paid workers in 2025 were found in the Information and Communication sector, followed by Financial, Insurance and Real Estate. These were also the top-paying sectors ten years earlier.<\/p>\n
The biggest pay rise over the decade was seen in Information and Communication where weekly earnings rose by more than \u20ac627, reaching almost \u20ac1,700.<\/p>\n
<\/p>\n
Average weekly pay was just under \u20ac693 in 2015. (Alamy\/PA)<\/p>\n
Today’s News in 90 Seconds, Tuesday, January 6 <\/p>\n
At the other end of the scale, Transportation and Storage saw the smallest increase, with pay rising by just under \u20ac184 over ten years.<\/p>\n
While wages increased, so did the cost of living during the year inflation rose steadily through 2025, driven mainly by food and energy prices.<\/p>\n
Ireland\u2019s Consumer Price Index stood at 1.9pc in January 2025, it stayed close to 2pc for much of the year before rising sharply in the autumn.<\/p>\n
Inflation reached 2.7pc in September and peaked at 3.2pc in November.<\/p>\n
Food prices rose by almost 4pc between January and November and energy prices increased by 2.6pc.<\/p>\n
The impact of higher prices was clear in everyday shopping, by November 2025, the price of a kilo of sirloin steak was more than \u20ac5 higher than a year earlier.<\/p>\n
Dairy products also cost more, Irish cheddar cheese rose by over 60 cent, butter was up by more than 50 cent and full-fat milk also increased in price.<\/p>\n
However not all items became more expensive as the price of a 2.5kg bag of potatoes fell slightly compared with November 2024.<\/p>\n
House prices continued to rise steadily across last year with prices being almost 24pc above their peak during the property boom in 2007.<\/p>\n
The median price of a home bought in the year to October was \u20ac381,000, up from \u20ac350,000 a year earlier.<\/p>\n
Dublin remained the most expensive place to buy a home with the median price there reaching \u20ac495,000 in October.<\/p>\n
Within the capital, D\u00fan Laoghaire-Rathdown was the costliest area, with a median price of \u20ac675,000.<\/p>\n
Outside Dublin, Wicklow recorded the highest prices, with homes selling for just over \u20ac450,000.<\/p>\n
Housing supply also increased during the year, in the first three quarters of 2025, more than 24,000 new homes were completed.<\/p>\n
That was a 13pc rise compared with the same period in 2024, Dublin and the Mid-East accounted for more than half of all completions.<\/p>\n
Despite rising prices, households continued to save, by the third quarter of 2025, households were saving almost 15pc of their disposable income.<\/p>\n
That worked out at about \u20ac1 in every \u20ac7 earned, over the year to September households earned more than \u20ac185bn.<\/p>\n
Almost \u20ac160bn was spent, while \u20ac25.5bn was saved, income grew slightly faster than spending, helped by higher employment and rising pay.<\/p>\n","protected":false},"excerpt":{"rendered":"Figures from its 2025 Year in Numbers show that by the third quarter of the year, average weekly…\n","protected":false},"author":2,"featured_media":270596,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[79,18,8752,19,185,17,6561],"class_list":{"0":"post-270595","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-eire","10":"tag-housing-crisis","11":"tag-ie","12":"tag-inflation","13":"tag-ireland","14":"tag-rory-mcginn"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115849173117306620","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/270595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=270595"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/270595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/270596"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=270595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=270595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=270595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}