Midwest Simon is warning that people in Clare are now living in poverty, because of the rising cost of living.
It’s calling for urgent steps to be taken to prevent people from falling into homelessness, as economists have signalled that inflation could double on what was expected by the end of the year.
The ESRI had predicted an inflation rate of between 4 and 6 % in 2022.
But spiraling fuel prices caused by the war in Ukraine have prompted fears that pressure around energy supplies may continue for a lot longer than had previously been expected.
Economists say the inflation rate could now peak at close to 10%.
Assistant Professor of Economics at the University of Limerick , Stephen Kinsella says the Government will have to implement a second energy credit for people on fixed incomes this year.
He believes there should also be a VAT cut on fuel.
Midwest Simon says the rising cost of living is now pushing people in this county into poverty.
A bill is currently going through the Dáil which Midwest Simon’s CEO believes will help protect those who are renting or at risk of falling into homelessness if enacted into legislation.
Jackie Bonfield says steps need to be taken to manage current homeless numbers, and prevent more people from losing their home.
She fears the predicted rise in inflation could be the straw that breaks the camels back for many people.
The Clare Branch President of St Vincent De Paul has echoed that concern.
Denis Carty says they’ve witnessed a 30% increase in the number of requests for assistance on this time last year, with many people living in private accommodation continuing to struggle to pay high rents.
A recent Central Bank report identified that people on low incomes, those living in rural areas and older people are most affected by inflation rises.
Denis Carty says people ultimately need an adequate income and rises in inflation must be taken into account.
