INCREASE IN DISPOSABLE INCOME SAYS ILCU

There has been an increase in disposable income in households around the country.

The Irish League of Credit Unions (ILCU) “What’s Left” tracker says there has been an overall increase of 49 euro a month since December 2012 – once all the bills are paid.

The improvement is most evident in those currently in employment.

CEO of the ILCU Kieron Brennan explains the reasons behind the improvement.

“People are managing their finances better – but the other factor is, of course, there are more people in employment” he said.

“So there are households who didn’t have income from employment who now do in the last couple of quarters, and that’s beginning to peek through” he added.

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