Taoiseach says budget will include smaller one-off measures to support households with cost of living

The video discusses the current financial pressures and changes in the economy over the past year. Inflation has decreased from 10% to 5%, and there have been wage increases, including a 7.8% rise in the minimum wage. Despite these improvements, financial struggles persist, necessitating one-off budget measures. The upcoming budget will introduce further measures, including pension and welfare increases, minimum wage hikes, and income tax reductions, aimed at easing financial burdens in the new year.

What was the inflation rate around this time last year?

• 12%

• 10%

• 7.8%

• 5%

By how much has the minimum wage increased since the last budget?

• 10%

• 5%

• 6.5%

• 7.8%

How are prices changing compared to last year?

• Prices are rising faster than last year.

• Prices are rising at half the rate of last year.

• Prices are rising at the same rate as last year.

• Prices are falling.

What is one of the measures that will be implemented before Christmas?

• Increase in minimum wage

• One-off financial measures

• Income tax increase

• Reduction in welfare benefits

Which of the following is NOT a measure planned for January?

• Further increase in minimum wage

• Pension increases

• Income tax reductions

• Increase in inflation rate