Euro-area economic confidence surged to its highest in almost 17 years, reflecting an improved outlook for a region that not long ago was blighted by record joblessness and a double-dip recession. The index of industry and consumer sentiment rose to 114 in October from a revised 113.1 the previous month, the European Commission in Brussels […]
Budget 2018 – Key Points Minister for Finance Paschal Donohue delivered the Budget 2018 speech this afternoon, with the announcement of additional revenues of €830 million to bring the total package of new spending and tax cuts to €1.2 billion. €898 million of this will be allocated to spending and there will be tax reductions […]
Consumer Sentiment Index Irish Economy Modest monthly increase sufficient to boost confidence to best level since February 2016 Encouraging signs in September reading but no evidence of widespread ‘feel-good’ factor Improved outlook on household finances the key driver of monthly gain Repayment of water charges and increased purchasing power because of stronger Euro likely contributors […]
Seasonally adjusted, the volume of retail sales decreased by 4.2% in the month of August, with an annual increase of 4.7%. If Motor Trades are excluded, there was an increase of 0.2% in the volume of retail sales in August 2017 when compared with July 2017 and there was an increase of 6.7% in the annual […]
Irish consumer sentiment held broadly steady in July as an improved buying climate, likely boosted by summer sales and holiday spending plans, contrasted with a more cautious assessment of household finances. At current levels, the survey paints a reasonably positive picture of Irish economic conditions but also continues to highlight concerns about consumers’ personal financial […]
Fears about the future of global retail are permeating all markets, and no more so than the property sector. Foremost among concerns is the impact of the internet and autonomous private vehicles and drones and other autonomous delivery systems. These issues have and will continue to have an impact on the role of the lowly […]
House prices over the past year have risen by more than €2,000 a month nationally, according to the latest report from property website Daft.ie. Nationally, the average asking price has risen by 46.2% – or just under €76,000 – since their lowest point in 2013. The national average list price during the second quarter of 2017 […]
Fears about the future of global retail are permeating all markets, and no more so than the property sector. Foremost among concerns is the impact of the internet and autonomous private vehicles and drones and other autonomous delivery systems. These issues have and will continue to have an impact on the role of the lowly […]
The European Commission is forecasting a robust expansion of Irish gross domestic product (GDP), but at a moderating pace. The commission expects GDP to grow by 4% in 2017 and 3.6% in 2018. That growth is far above the expected euro area GDP growth of 1.7% in 2017 and 1.8% in 2018. Earlier this week […]
Foreign direct investment in the Republic is at “an all-time high” with the number of jobs advertised in the financial sector during the first quarter of 2017 up 60% year on year. Overall jobs postings in the Cpl Resources Employment Market Monitor grew by 14% in Q1 2017, which is strong compared to quarterly growth […]
