New car sales in January 2017 have decreased slightly on last year with 39k units sold compared to 39.7k units in January 2016 according to figures released by vehicle history
Taoiseach Enda Kenny and Minister for Jobs, Enterprise & Innovation Mary Mitchell O’Connor launched the Action Plan for Jobs 2017 at the offices of NDRC in the Digital Hub, on
The Irish manufacturing sector remained in growth territory during the opening month of 2017, with both output and new orders increasing at sharper rates, according to the seasonally adjusted Investec Purchasing
The seasonally-adjusted volume of retail sales decreased by 0.7 percent in the month of December, according to figures released by the Central Statistics Office on Friday. However, December’s sales are still up
Tourism Ireland published research on Tuesday that shows the potential impacts of Brexit on tourism to the island of Ireland in 2017 and beyond. Tourism Ireland commissioned RedC to conduct
The European Investment Bank (EIB) announced on Tuesday that they had provided more than €825 million for long-term public and private sector investment across Ireland during 2016. Backing for 12
UK Prime Minister Theresa May has done little to address the major uncertainty facing workers across the island of Ireland as a result of Brexit, the Irish Congress of Trade
Taoiseach Enda Kenny and Minister for Finance Michael Noonan participated in the Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland on Thursday. The theme of this year’s
Prime rents in the industrial sector may rise by almost 14% in 2017, following an increase of 25% last year, according to commercial property specialists CBRE’s Outlook 2017 annual report,
The Ulster bank Purchasing Managers’ Index (PMI) for December, released on Monday, showed that activity in the construction sector constinued to rise until the end of 2016. The report gave
Commercial property consultants CBRE Ireland released statistics on Friday, detailing the volume and value of investment in Irish commercial property in 2016 and showing that a total of €4.5 billion
Enterprise Ireland, the Government agency responsible for developing Irish business globally, launched it’s 2017-2020 strategy on Monday, aiming to increase exports by €5 Billion and to create 60,000 new jobs.
Production for Manufacturing Industries rose 17.1 percent in November 2016 compared with the previous month, according to figures released by the Central Statistics Office on Friday. On an annual basis
The volume of retail sales for November was up 4.3 percent when compared with the previous year, and up 0.9 percent compared with October 2016, figures released by the Central
Rates of expansion in the Irish service sector saw a boost at the end of 2016, with new orders, activity, and employment all rising at faster rates and new business
The Egyptian authorities reopened the market there to Irish beef, Minister for Agriculture, Food and the Marine Michael Creed announced on Wednesday. The agreement provides for the approval of five
The seasonally adjusted unemployment rate for December 2016 was 7.2%. down from 7.3% in November 2016 and down from 8.9% in December 2015, the Central Statistics Office announced on Wednesday.
IDA Ireland, the Government agency responsible for attracting foreign direct investment, announced the highest level of employment in its client companies in its history on Tuesday. Total employment at overseas
Irish house price inflation is set to accelerate in 2017, potentially reaching double-digit levels, according to the MyHome.ie property report for the final quarter of 2016. “Clearly low stock levels
The Irish manufacturing sector showed further signs of recovery following the UK’s decision to leave the EU, with business conditions strengthening to the greatest extent in almost a year-and-a-half during
The number of mortgages approved rose by 30.8% year-on-year and increased by 2.0% month-on-month for the three months ending November 2016, according to the latest figures from the Banking & Payments
The wealthiest 10% of households own 52.2% of the total net wealth in the Euro area, except Lithuania, and Hungary and Poland, according to the results from the second wave
The economy is growing at a solid pace, and the quantity and quality of buildings and infrastructure delivered by the construction industry will play an important role in that economic
Monthly factory gate prices increased by 0.9% in November 2016, according to data released by the CSO on Thursday. This
Bank of America Merrill Lynch, Davy and Deutsche Bank were appointed as ‘Global Coordinators’ to assist in a potential future
Over 99% of business in Ireland are Small and Medium-sized Enterprises (SME), however these generate less than half (49.6%) of
Eight out of ten CFOs were confident about prospects for the economy in the year ahead, according to a survey
The first interim dividend of 25% was paid to all admitted unsecured creditors of the Irish Bank Resolution Corporation (IBRC),
A record rise in new export orders was signaled as companies benefited from Sterling weakness in November, according to data
The Construction Industry Federation (CIF) launched a website featuring career opportunities on Monday in the wake of a report that
Irish construction firms continued to record strong activity growth during November, supported by a further sharp increase in new orders,
Dublin is the fourth most attractive city in Europe for real estate investment, according to an analysis by PwC and
A research technical paper published by the Central Bank of Ireland on Monday, shows that the cost of bank finance
The Central Statistic Office released “Brexit: Ireland and the UK in numbers”, on Wednesday, December 7. The publication provides the
The Economic and Social Research Unit (ESRI) published a medium-term outlook for the Irish economy on Monday, December 5. Called
The European Commission and ECB finished the sixth post-programme surveillance review for Ireland on Friday, December 2, in which they
Irish consumers have remained cautious in the face of uncertain economic conditions, contrasting with changing attitudes in other areas, according
Minister for Foreign Affairs and Trade Charles Flanagan led an Enterprise Ireland Trade Mission to Lyon, on Wednesday, November 30,
Net asset value of money market funds (MMFs) in Ireland decreased by €16 billion to €444 billion in September 2016,
2016 is set to be the best year ever for Irish tourism, surpassing all previous records, according to Tourism Ireland
Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor attended a day-long meeting of EU Single Market Ministers in Brussels
Preliminary estimates released by the Central Statistics Office on Friday, November 25, show that average weekly earnings and average hourly
A report by PwC and the World Bank Group, released on Tuesday, November 22, says that Ireland is the most
Dublin-headquartered medical device company Medtronic reported the financial results of its second quarter on Tuesday, November 22. The company reported
The Department of Finance announce on Thursday, November 17, that they have launched a competition to appoint investment banks to
Research by Knowledge Transfer Ireland found that 748 collaborative new research agreements between research performing organisations and industry were signed
Figures released by the Central Statistics Office on Thursday, November 18, show that 14,270 days were lost to industrial disputes
136 new office buildings, totaling more than 12 million square feet, are planned to be built in Dublin over the
Preliminary figures released by the Central Statistics Office on Tuesday, November 15, indicate that Ireland’s seasonally adjusted trade surplus will
Minister Mary Mitchell O’Connor has announced that new legislation will allow Irish SME’s involved in research and development activities to
After Brexit, the Central Bank has revised its growth projections for the Irish economy for the next year.
According to Investec’s latest Purchasing Managers’ Index, the service sector is experiencing growth. It showed that this sector has been increasing in activity for the past 47 months.
While the service sector is expanding, the travel and leisure sector fell. New businesses rose significantly in the past month as well.
Many of Ireland’s largest companies are seeing downgraded stock ratings as recent analysts are predicting lower earnings as a result of the Brexit.
The business sector in Ireland is preparing for the blows that the economy will face after hearing the results of the Brexit vote.
New construction for a commercial property company is expected to create 150 jobs for Cork as they are looking for employees to run the new data center.
Argos total sales have risen by 2.6% in the past 13 weeks due to the rise in online sales.
According to the latest Purchasing Managers’ Index, growth in Manufacturing rose to an eight month high in March. Expansion has slowed compared to
Advertisements
3.5% GDP Growth Forecast for 2017
The ERSI forecast GDP growth at 4.2 percent for 2016, and 3.5 percent for 2017 in the Quarterly Economic Commentary