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Economic growth set to continue in 2020 but at a reduced rate

The Irish economy looks set to register strong growth again in 2019 with GDP likely to increase by almost 6 per cent in the current year. While certain multi-national related transactions are distorting the headline figures, the large increase in taxation receipts and the continued strong performance of the Irish labour market means the underlying […]

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Monthly unemployment rate remains unchanged from October 2019

The seasonally adjusted unemployment rate for November 2019 was 4.8%, remaining unchanged from October 2019 and down from 5.6% in November 2018. The seasonally adjusted number of persons unemployed was 117,800 in November 2019, compared to 117,700 in October 2019. When compared to November 2018, there was an annual decrease of 17,600 in the seasonally […]

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Retail Sales volume decreased by 0.5% in October 2019

The volume of retail sales decreased 0.5% in October when compared to September on a seasonally adjusted basis and increased by 3.0% on an annual basis. When Motor Trades are excluded, the volume of retail sales decreased by 2.1% in October 2019 and rose by 3.2% when compared with October 2018. The sectors with the […]

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Employment increases by 2.4% in year to Q3 2019

There was an annual increase in employment of 2.4% or 53,700 in the year to the third quarter of 2019, bringing total employment to 2,326,900. This compares with an annual increase of 2.0% or 45,000 in employment in the previous quarter and an increase of 3.0% or 66,700 in the year to Q3 2018. CSO […]

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Residential property prices rise by 1.1% in the year to September

Residential property prices increased by 1.1% nationally in the year to September. This compares with an increase of 2.0% in the year to August and an increase of 8.5% in the twelve months to September 2018. In Dublin, residential property prices decreased by 1.3% in the year to September – house prices decreased by 1.5% […]

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Monthly unemployment rate of 4.8% October 2019

The seasonally adjusted unemployment rate for October 2019 was 4.8%, down from 4.9% in September 2019 and down from 5.7% in October 2018. The seasonally adjusted number of persons unemployed was 117,300 in October 2019, compared to 118,100 in September 2019.  When compared to October 2018, there was an annual decrease of 19,400 in the […]

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Retail Sales volume increased by 4.3% in September 2019

The volume of retail sales increased 4.3% in September when compared to August on a seasonally adjusted basis and increased by 4.2% on an annual basis. When Motor Trades are excluded, the volume of retail sales increased by 2.3% in September 2019 and rose by 4.7% when compared with September 2018. The sectors with the largest […]

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Smyths Toys now the most successful Irish retailer abroad

The filing of its accounts confirmed last week that Smyths Toys is already making a financial return on its deal last year to acquire the central European operations of Toys R Us. The family-owned group is now – individually and collectively – profitable in Ireland, the UK, Germany, Austria and Switzerland. That surely makes Smyths […]

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Over 300,000 jobs linked to Foreign Direct Investment in Ireland in 2017

Foreign Direct Investment in Ireland 2017, a thematic publication exploring the impact of FDI and globalisation, shows over 300,000 jobs are directly linked to foreign investment into Ireland. Despite a decrease of €54bn in the stock of Foreign Direct Investment into Ireland between 2016 and 2017, at €744bn (253% of GDP) investment still remains high […]

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Residential property prices rise by 3.1% in the year to April

Residential property prices increased by 3.1% nationally in the year to April. This compares with an increase of 3.8% in the year to March and an increase of 13.3% in the twelve months to April 2018. In Dublin, residential property prices rose by 0.5% in the year to April, with no change in house prices […]