Northern Ireland parents increasingly worried about finances as Christmas period approaches

Over the last six months, prices have risen at so quickly that families are worried about what lies ahead in the winter months.

The annual rate of inflation is sitting at 10.1% – with the price of food rising at its fastest pace in 42 years in September.

Every household is feeling the pinch, but with Christmas just around the corner financial pressures are particularly mounting for parents.

Around two-thirds of parents in Northern Ireland say money is currently one of the greatest challenges they’re facing, closely followed by mental health.

That’s according to a recent survey published by Parenting NI which also revealed that over the last six months parents have been increasingly worried about the cost of food.

Read more: https://www.itv.com/news/utv/2022-10-21/cost-of-living-ni-parents-money-worries-as-christmas-approaches