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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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Festive cheer: Record Christmas for grocery stores

Irish consumers spent €995m on groceries in December Shoppers spent an average of €694 on groceries in December (€151 more than the typical month). Dunnes Stores – 23% Tesco – 22.3% Supervalu – 21.8% “Irish shoppers showed a willingness to splash out over the festive break,” “Branded and premium private label ranges grew by 3.8% […]

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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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Dublin is a top destination for UK firms after Brexit

Dublin is now the most popular post Brexit location for UK firms over its European peers (Frankfurt, Luxembourg and Paris) in terms of company moves (not staff numbers) according to the latest EY Brexit Tracker. This is despite the perception that the city has lost out to its competitors due to the erosion of competitiveness, […]

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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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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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Residential property prices rise by 13.0% in the year to February

In the year to February, residential property prices at national level increased by 13.0%. This compares with an increase of 12.0% in the year to January and an increase of 9.7% in the twelve months to February 2017. In Dublin, residential property prices increased by 12.7% in the year to February. Dublin house prices increased […]

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Construction employment sees strongest rise in 6 months – PMI

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 […]