It comes as latest figures from the CSO show inflation remains high at 9.1%, the highest in almost 40 years
The Irish money guide, moneysherpa, has today launched its Inflation Savings Calculator to help hard pressed households make ends meet.
Full fat milk per 2 litres increased by 27 cents in the year while the average price of Irish cheddar per kg rose by €1.07 and butter per lb rose by 48 cents. By ditching credit cards and claiming tax reliefs, there is a chance you could save over €4,050 a year. Switching to these lower rates would bring your gas bill down to €1,199 and your electricity bill down to €1,184.According to the Irish bank’s industry body the BPFI, the average value of the mortgage switched in Ireland last year was €272,000.
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