{"id":484255,"date":"2026-05-14T12:27:16","date_gmt":"2026-05-14T12:27:16","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/484255\/"},"modified":"2026-05-14T12:27:16","modified_gmt":"2026-05-14T12:27:16","slug":"families-facing-more-pain-as-inflation-outpaces-wage-rises","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/484255\/","title":{"rendered":"Families facing more pain as inflation outpaces wage rises"},"content":{"rendered":"<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-91174671_secondary indo-1d70522a_marginbottom4 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop4\" style=\"color:var(--color-primary-80)\" data-testid=\"title-summary\">Inflation here will be higher than elsewhere in the EU, eclipsing wage growth\n<\/p>\n<p><img decoding=\"async\" alt=\"A sustained blockage of the Gulf could push inlfation to the 6pc-7pc level. Image: Getty\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/05\/676d119c-9920-466a-a272-5937dff85978.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">A sustained blockage of the Gulf could push inlfation to the 6pc-7pc level. Image: Getty<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Irish wage growth will not keep pace with inflation this year, tightening the squeeze on household finances, according to new forecasts from AIB.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Wages are expected to rise 3.7pc, in aggregate this year, but inflation is now tipped to be 4pc \u2013 and potentially much higher, if the Strait of Hormuz blockade continues. It means a drop in &#8216;real incomes&#8217; or buying power.<\/p>\n","protected":false},"excerpt":{"rendered":"Inflation here will be higher than elsewhere in the EU, eclipsing wage growth A sustained blockage of the&hellip;\n","protected":false},"author":2,"featured_media":484256,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[41023,10471,79,2190,10891,18,19,185,18929,17,550,551,1543],"class_list":{"0":"post-484255","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-allied-irish-banks","9":"tag-budget","10":"tag-business","11":"tag-cost-of-living","12":"tag-donal-odonovan","13":"tag-eire","14":"tag-ie","15":"tag-inflation","16":"tag-iran","17":"tag-ireland","18":"tag-russia","19":"tag-ukraine","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116572929944628974","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/484255","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=484255"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/484255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/484256"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=484255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=484255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=484255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}