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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 […]

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Employment increases by 3.7% in year to Q1 2019

There was an annual increase in employment of 3.7% or 81,200 in the year to the first quarter of 2019, bringing total employment to 2,301,900. This compares with an annual increase of 2.3% or 50,500 in employment in the previous quarter and an increase of 2.9% or 62,400 in the year to Q1 2018. Summary […]

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Over 10,000 workers joined the Irish construction workforce in 2018

A new report from the Construction Industry Federation (CIF) shows that 10,600 extra workers joined the construction workforce in 2018, up 8% year on year and bringing the total workforce to 145,500. Construction Investment There was a 20% increase in investment in building and construction in 2018, with €26 billion invested during the year. The […]

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Residential property prices rise by 3.9% in the year to March

Residential property prices increased by 3.9% nationally in the year to March. This compares with an increase of 4.3% in the year to February and an increase of 12.6% in the twelve months to March 2018. In Dublin, residential property prices rose by 1.2% in the year to March, with house prices rising by 0.7% […]

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Irish retailers see encouraging start to 2019

Irish retail sales values grew by 4.7% in the first quarter of the year when compared with the same period in 2018, aided by a ‘mild late winter’ and ‘early spring’, research showed. While these figures are robust, it must be highlighted that in this period last year, Ireland found itself under a blanket of […]

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Construction activity boosted in April while companies increase stock

Construction activity rose sharply in April while purchasing inventory also ratcheted up as companies seek to avoid Brexit-related supply disruptions, according to a survey from Ulster Bank. The bank’s construction purchasing managers index (PMI) showed that business levels continue to rise underpinned by ongoing increases in the demand for construction work. But Brexit still weighed […]

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Ireland records highest start-up figures in 13 years while insolvencies remain low

The data from business and credit risk analyst, CRIF Vision-net, show an average of almost 71 new companies were formed every day in the first quarter of 2019, while the number of insolvencies remained consistent for the same period. In total, 6,413 new companies were formed in Ireland in the first quarter of 2019, the […]