We are conducting some research into the attitudes of savers in Ireland
It is widely understood that depositors are concerned about risks ranging from Ireland defaulting on it's sovereign debts, the safety of Irish banks and the risk of Ireland leaving the euro or even the euro breaking up.
However these risks are remote compared to the immediate risks posed by inflation.
Survey question:
How concerrned are you about the risks posed by inflation to your deposit accounts, prize bonds or other forms of bank or credit union savings?
Scale
1 very concerned
2 concerned
3 neither concerned nor unconcerned
4 unconcerned
5 very unconcerned
Supplementary question
With inflation in Ireland currently averaging around 3%pa what rate of interest are you currently receiving in real terms (ie once you deduct 3% inflation from your net interest rate) on average for your savings?
It is widely understood that depositors are concerned about risks ranging from Ireland defaulting on it's sovereign debts, the safety of Irish banks and the risk of Ireland leaving the euro or even the euro breaking up.
However these risks are remote compared to the immediate risks posed by inflation.
Survey question:
How concerrned are you about the risks posed by inflation to your deposit accounts, prize bonds or other forms of bank or credit union savings?
Scale
1 very concerned
2 concerned
3 neither concerned nor unconcerned
4 unconcerned
5 very unconcerned
Supplementary question
With inflation in Ireland currently averaging around 3%pa what rate of interest are you currently receiving in real terms (ie once you deduct 3% inflation from your net interest rate) on average for your savings?