Exports surge to almost €20bn in September on back of roaring pharma trade Value of Irish goods exports increased by €4.8bn in September compared with same month last yearTue Nov 15 2022 - 12:22
Most buyers of Owen Reilly group’s €1m period homes require no mortgage fundingReport by real estate group Owen Reilly also reveals that majority of purchasers are Irish people and limited demand from international buyersMon Nov 14 2022 - 18:36
Shhh, don’t mention the Brexit warThe British economy is headed for a deeper and longer recession than its peersMon Nov 14 2022 - 11:03
Big Tech crunch: How badly could Ireland be bitten? Colossal amounts of corporate and income tax are derived from the ICT sector. But as tech giants apply brakes and announce layoffs, indigenous firms may benefit from the staff they liberateFri Nov 11 2022 - 03:00
Irish mortgage rates fell in September but drop will not lastData shows average interest rate on new mortgages fell by six basis points in SeptemberWed Nov 09 2022 - 16:32
Wage growth accelerates on back of inflation and staff shortagesResearch by Central Bank and Indeed reveals that wages rose at annual rate of 4.7% in OctoberWed Nov 09 2022 - 00:01
House prices to continue rising despite economic slowdown, says leading estate agent Market unlikely to have price correction due to ongoing supply problem, according to Sherry FitzGeraldTue Nov 08 2022 - 05:00
European shares at seven-week peak as travel stocks shineRyanair and PaddyPower Betfair Flutter drive Dublin’s Iseq higherMon Nov 07 2022 - 20:13
Real household income across OECD declines for third straight quarter as price squeeze intensifiesParis-based organisation says real household income per capita declined by 0.5 per cent in the second quarter of 2022Mon Nov 07 2022 - 12:32
Live Register total falls again as labour market continues to tightenLatest data show a further 800 people came off the register in OctoberMon Nov 07 2022 - 12:27
Ireland among least tax-competitive countries in OECD, says Washington-based think tankTax Foundation ranks the State 35th of 38 OECD countries in terms of overall tax competitivenessMon Nov 07 2022 - 06:30
French central bank chief forecasts three-year fight against inflationVilleroy de Galhau warns not to stop hikes until underlying inflation calmsMon Nov 07 2022 - 05:00
Irish consumers paying more for renewable electricity than necessary, lobby group claimsIrish Solar Energy Association says auction prices for renewable projects are rising unnecessarilyMon Nov 07 2022 - 00:01
Kerry Co-op shareholders plan to force vote on deal to purchase legacy milk business Farmers uneasy about how co-op plans to finance purchase of Kerry’s legacy dairy businessMon Nov 07 2022 - 00:00
Is Big Tech the canary in the economic coal mine?Technology firms announce lay-offs and hiring freezes in response to worsening economic conditionsSun Nov 06 2022 - 11:25
Inflation across OECD countries surges to 34-year high of 10.5% Paris-based organisation says double-digit inflation was recorded in 19 of 38 OECD countries,Thu Nov 03 2022 - 12:17
Unemployment remains at 20-year low of 4.4%Latest CSO figures suggest there were 117,500 people classified as unemployed in OctoberThu Nov 03 2022 - 11:35
Ibec lowers growth forecast for Irish economy and warns of market instabilityEmployers’ group says rising prices and energy costs will hit consumer spending in the coming monthsThu Nov 03 2022 - 05:30
Corporate tax take creating ‘artificially positive picture’ of public finances – DonohoeMinister reacts to latest exchequer numbers, which point to another spike in business tax receiptsWed Nov 02 2022 - 19:52
Government on course for record tax take despite inflationary surgeLatest exchequer numbers bolstered by corporation tax receipts as well as strong growth in income tax and VATWed Nov 02 2022 - 16:30
Ten potential economic disasters loom, warns top US economist Nouriel RoubiniWorld facing clutch of crises and that incoming recession will be worse than most analysts predict, says expertSun Oct 30 2022 - 16:04
Consumer price growth accelerates to 9.5% in October - CSO Agency’s harmonised index of consumer prices highlights pick-up in inflationFri Oct 28 2022 - 14:05
Retail sales fall sharply as cost-of-living crisis bitesLatest CSO figures indicate sales fell on both a monthly and an annual basis as consumers cut backFri Oct 28 2022 - 12:19
Average monthly rents rose from €589 to €1,084 in nine years - ESRIAverage private rents in the Republic almost doubled between 2012 and 2021, ESRI research indicatesFri Oct 28 2022 - 00:01
Bank of Ireland and PTSB hold off on higher rates as ECB hikes againLenders are alone in not raising non-tracker rates in recent monthsThu Oct 27 2022 - 19:15
ECB more hawkish on rates as inflation outlook deterioratesPolicymakers are fearful that the surge in price growth is becoming more entrenchedThu Oct 27 2022 - 16:11
Consumers cut discretionary spending in response to inflationAIB report highlights impact of higher prices on consumer spending patternsThu Oct 27 2022 - 13:30
ECB rate: More pain for mortgage-holders with 0.75 percentage point hikeThird rise since July means that interest rates have now jumped from zero to 2 per cent in the space of a few monthsThu Oct 27 2022 - 13:16
Housing supply to fall further behind demand as rising costs hit investment, Goodbody warnsBrokerage’s latest housing supply tracker highlights weakening trend in commencementsWed Oct 26 2022 - 11:25
European markets hit one-month high as earnings offset economic gloomCompany updates help lift sentiment despite lingering worries about a European recessionTue Oct 25 2022 - 18:52
Martin Shanahan steps down as IDA chief executive earlier than expectedState agency announces competition to replace Shanahan while appointing Mary Buckley as interim chief executiveTue Oct 25 2022 - 16:16
Monart Spa owner returns to profit after pandemic hitGriffin Group announces plans for five-acre 1.5MW solar farm at the five-star Wexford hotelTue Oct 25 2022 - 16:13
Trading volumes at Irish ports improve as Covid disruption easesThe State’s seven ports handled 13.1 million tonnes of merchandise in the second quarterTue Oct 25 2022 - 15:47
Markets take back control as UK’s low tax gamble falls apartPost-Brexit Britain has no real notion of what it wants from the process or where it is going in policy termsSun Oct 16 2022 - 15:38
House price inflation slows again as higher borrowing costs cool marketLatest CSO figures suggest headline price growth fell 12% in AugustThu Oct 13 2022 - 11:15
Pandemic triggers decline in use of cash, Central Bank study findsResearch detects structural shift in use of cash since pandemic though it remains widely-used in Ireland and across EuropeThu Oct 13 2022 - 11:01
State may need to limit home-building to just 21,000 units a year to meet climate targetsStudy by the Irish Green Building Council suggests Ireland’s development targets may not be compatible with its climate targetsThu Oct 13 2022 - 06:00
Irish mortgage holders warned to brace for sequence of payment hikesData shows average interest rate applied to new mortgages remained roughly unchanged in AugustWed Oct 12 2022 - 15:30
Perfect economic storm will make 2023 ‘feel like a recession’Overlapping shocks include Russia’s war in Ukraine, surging inflation and slowdown in ChinaTue Oct 11 2022 - 18:57
IMF cuts global growth forecasts for fourth time this year, warning 2023 ‘will feel like a recession’ Washington DC-based fund blames deteriorating outlook on Russia’s invasion of Ukraine, inflation pressures and slowing Chinese economyTue Oct 11 2022 - 15:30
Up to 10,000 Irish businesses remain in state of financial distress post pandemic, Central Bank findsRegulator publishes two financial stability notes on wage supports and financial distress in wake of pandemicTue Oct 11 2022 - 12:31
European shares subdued amid growth concerns and geopolitical tensionsStoxx 600 falls for fourth straight sessionMon Oct 10 2022 - 18:41
An Cailín Ciúin becomes first Irish language film to gross over €1m at box officeComing-of-age drama and Irish entry for best international feature at the upcoming Oscars hits new milestoneMon Oct 10 2022 - 18:11
House prices continue to cool as interest rates tick upState’s largest estate agent Sherry FitzGerald reports a further slowing of price growth but says housing demand remains strongMon Oct 10 2022 - 13:31
Davy cuts growth forecast for Irish economy and warns on home completionsBroker warns higher input costs in construction sector will result in fewer-than-expected new houses next yearMon Oct 10 2022 - 06:28
UK turmoil set to hit Irish SMEs’ business there, Asia-focused think tank saysAsia Matters warns firms stuck in 'English language mode'Mon Oct 10 2022 - 04:54
Rising costs trigger 16% decline in business start-ups as economic uncertainty persistsFigures by credit risk analyst CRIFVision-net point to inflationary pressures, but optmism is high despite deteriorating outlookMon Oct 10 2022 - 00:15
Construction costs surge again with concrete levy impact yet to be feltBNP Paribas’s construction industry tracker detects pick-up in activity despite another jump in input costsMon Oct 10 2022 - 00:15
Does the ‘soft landing’ narrative for house prices stand up to scrutiny?The frenzied activity of the pandemic might be over but it’s uncertain whether price correction will follow in an era of higher inflationSun Oct 09 2022 - 11:52
Live Register total falls again as labour market tightensManufacturing output rises by 8.1% as prevalence of pharmaceutical firms helps Ireland defy deteriorating international outlook.Fri Oct 07 2022 - 12:24
