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Retail Sales volume increased by 6.5% in July 2018

Seasonally adjusted, the volume of retail sales increased by 6.5% in the month of July, with an annual increase of 5.5%. If Motor Trades are excluded, there was a decrease of 0.5% in the volume of retail sales in July 2018 when compared with June 2018 and there was an increase of 2.9% in the annual […]

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Irish economy in post-recovery stage – Ibec

The economy is in a strong position and has moved into a post-recovery stage, with households clearly benefiting from rising incomes – according to the latest quarterly economic outlook from business group Ibec. It forecasts growth of 5.7% this year and a buoyant consumer economy growing by 2.9% in volume terms. It added there is […]

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Heatwave Boosts Second-Quarter Retail Sales In Ireland

Buoyed by a long spell of fine weather, sales in the Irish retail sector grew by 3.4% in the second quarter of 2018, according to a new report from Retail Ireland, the Ibec group that represents the sector. In its latest Retail Monitor, published today (see attached), the group said sales in the first half […]

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Ireland Consumer Confidence increased to 107.6

Ireland Consumer Confidence was reported at 107.6 in July from 102.1 in the previous period. It was expected at 101.5. Consumer Confidence in Ireland increased to 107.60 Index Points in July from 102.10 Index Points in June of 2018. Consumer Confidence in Ireland averaged 87.92 Index Points from 1996 until 2018, reaching an all time […]

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Retail Group Calls For Tax Fairness For Retailers In Budget 2019

Retail Excellence is today (4 July) calling for targeted solutions for retailers in Budget 2019. “In an increasingly boundary-less retail environment the representative body are seeking additional online supports and tax fairness measures to protect retailers from the onslaught of cheap, non-European imports,” the retail organisation said in a statement. “Despite record numbers back at […]

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Retail Sales volume increased by 1.5% in April 2018

Seasonally adjusted, the volume of retail sales increased by 1.5% in the month of April, with an annual increase of 4.8%. If Motor Trades are excluded, there was an increase of 1.0% in the volume of retail sales in April 2018 when compared with March 2018 and there was an increase of 3.8% in the annual […]

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The Death of Retail Is Greatly Exaggerated

The last few years have seen a bevy of high-profile retailers either go bankrupt or close stores across the country, raising concern that brick-and-mortar retailers are doomed. It’s undoubtedly true that consumers are buying more and more goods online, and that’s putting pressure on some retailers. However, it’s important to put this in context: So […]

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Housing Solutions and Growth on the Agenda at the Donegal Dublin Business Network

The challenge of creating innovative housing solutions was on the agenda at the most recent meeting of the Donegal Dublin Business Network (DDBN) as Eoghan Murphy TD, Minister for Housing, Planning and Local Government, addressed the organisation. A panel discussion on the subject of housing took place at the group’s April gathering in Iveagh House […]

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Monthly unemployment rate of 5.9% April 2018

The seasonally adjusted unemployment rate for April 2018 was 5.9%, down 0.1% from the revised rate of 6.0% in March 2018 and down from 6.8% in April 2017. The seasonally adjusted number of persons unemployed was 140,300 in April 2018, down from 143,500 when compared to the March 2018 figure and a decrease of 16,700 when […]

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The Proposed Route For Dublin’s New Metrolink Has Been Unveiled

Dublin’s new €3bn Metrolink was unveiled today with plans for 15 brand new stations. The project is expected to open in 2027 and will run from Sandyford to Swords. Traveling from the city centre to the airport is expected to take 20 minutes with the system carrying 15,000 passengers per hour in each direction. Stops […]