Sunny Belfast Hi 23 °C | Lo 11°C

Households feeling recession pinch

Tuesday, 14 February 2012

One in 10 households had to borrow money to make ends meet during the recession, figures showed

One in 10 households had to borrow money to make ends meet during the recession, figures showed

One in 10 households has borrowed money from friends or family to pay for basic services during the recession.

Official figures also show that one fifth of Irish residents have delayed or missed paying a bill over the last two years, while nearly half have spent all or some of their savings.

The figures, released by the Central Statistics Office (CSO), reveal that more than half of households cut back on groceries and going out - with two-thirds spending less on clothes and footwear.

The Quarterly National Household Survey found spending on health insurance and pension contributions has also been cut by more than 10%.

The pilot survey evaluated the response of households to the economic downturn in the second quarter of last year.

One member of each household was asked if they had had to cut back on spending on several categories of goods or services as a result of the economic climate in Ireland.

They included utility bills, mortgage payments, groceries, clothing and footwear, holidays, going out, and extra classes for their children.

Some 79% of households said they had cut back their spending on at least one of the listed items, including: one in 10 who delayed or missed loan repayments and a further 10% who skipped paying their credit card bill; one in five reduced spending on club memberships, with 10% cutting back on lessons or classes for adults or children; holidays abroad were also cut back by just under half of all households.

NiteLife: The Roost, Granny's, Bert's

Had a big night out? Click here to send your pics

The World's 10 Top Bikini Bodies

The World's 12 top Bikini Bodies

Old School Pics: Alex Higgins

Old School

To launch gallery click image or select school below

Methodist College, Campbell College, Grosvenor,
Bangor Grammar, Dunlambert, St Augustine's,
St Dominic's, Royal Academy, Ballymena Academy

Old Irish Postcards: Munster

Old Irish Postcards: Munster

Co Cork Clare Limerick Kerry

Old Irish Postcards: Leinster

Old Irish Postcards: Munster

Dublin Laois Offaly Meath Kildare Kilkenny Louth Westmeath

Old Irish Postcards: Connaught

Old Irish Postcards: Munster

Co Galway

Old Irish Postcards: Ulster

Old Irish Postcards: Ulster

Down Antrim Armagh Belfast Donegal Derry
Fermanagh

Reader Pics: Ulster Beauty Spots

beauty spot

Click here to launch Beauty Spots gallery

View one of our other popular Readers' Galleries

Winter Pictures One Summer's Day

NiteLife: The Roost, Granny's, Bert's

Had a big night out? Click here to send your pics

Posters from the Troubles era

Posters from the Troubles era

In Pictures: Obama charms Ireland

In Pictures: Queen visits Ireland

The Troubles: Northern Ireland's First Minister and Deputy First Minister

Photographer of the Year

NI Photographer of the Year

You know you're from Belfast when . .

In Pictures: You know you're from Belfast when...

Belfast-isms: 'Yous should click here - it's class like'

Belfast Telegraph Quizzes

Exams

Just Born: Readers' Baby Pictures

Just Born: Readers' Baby Pictures

To send Us Your Baby snaps just Click here

Just Wed: Readers' Wedding Pictures

Just Born: Readers' Wedding Pictures

To send Us Your Wedding snaps just Click here

Latest Comments

Belfast Telegraph Home Delivery