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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
The economy grew by 7.8% of GDP last year, according to preliminary estimates from the Central Statistics Office, making it the European Union’s fastest-growing economy for the fourth year in a row. Measured by GNP, the economy grew by 6.6% in 2017, the CSO said. The CSO said that Modified Domestic Demand – a new […]
Construction firms expanded at a rapid pace in February, leading to strong job creation in the sector. The latest Ulster Bank construction PMI, a monthly report measuring sentiment and activity in the sector, posted a reading of 59.2 in February. This was down from the eight month high of 61.4 in January but still showed […]
The January reading for Irish consumer sentiment was the strongest reading since February 2001. We think three factors explain this exceptional result. First of all the Irish economy is still set on a strong trajectory and, thus far, has weathered Brexit and other global concerns better than had been feared. This has made consumers more confident about the general […]
Ireland is the world’s eighth-most “inclusive” advanced economy, based on a measure from the World Economic Forum (WEF), which looks beyond economic growth data to examine living standards, environmental sustainability and protection of future generations from indebtedness. The ranking marks an improvement on Ireland’s 12th place among 29 advanced economies in a previous report published […]
