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Latest EU-SILC data show that poverty worsened and income inequalities grew in 2010

29 March 2012

Latest EU-SILC data show that poverty worsened and income inequalities grew in 2010

The Central Statistics Office (CSO) yesterday released its report on the EU-SILC 2010 survey. It showed that, from 2009 to 2010, the average disposable income fell by 5%. In the same period, poverty levels increased: the at-risk-of-poverty rate rose from 14.1% to 15.8% and the percentage of people in consistent poverty rose from 5.5% to 6.2%.

The survey also showed that the income gap widened: while the bottom 10% of income earners saw their equivalised household income fall by 26%, the top 10% of income earners saws their equivalised household income rise by 8%.

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