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Online sales with Irish businesses account for 6.5% of transactions

Online sales with Irish businesses account for 6.5% of transactions

CSO data doesn’t capture online sales with overseas businesses

Mon Feb 14 2022 - 12:00
Why energy costs could remain high for up to five years

Why energy costs could remain high for up to five years

It is possible households will stay in the grip of a cost-of-living squeeze even if headline inflation moderates

Mon Feb 14 2022 - 05:32
European shares end lower but mark first positive week this year

European shares end lower but mark first positive week this year

Travel and leisure best weekly performers, up 7.4 per cent

Fri Feb 11 2022 - 19:17
The great price squeeze: when will it end?

The great price squeeze: when will it end?

The pandemic has been overtaken by a cost-of-living crisis that shows no sign of abating

Fri Feb 11 2022 - 05:30
British-Irish chamber calls for new body to simplify tax code

British-Irish chamber calls for new body to simplify tax code

Business advocacy group claims recent elements of law are confusing entrepreneurs

Fri Feb 11 2022 - 05:03
Unemployment in OECD drops to 5.4% as recovery takes hold

Unemployment in OECD drops to 5.4% as recovery takes hold

Jobless numbers across industrialised bloc declines for the eighth consecutive month

Tue Feb 08 2022 - 12:01
Uncertainty clouds economic outlook for 2022

Uncertainty clouds economic outlook for 2022

Inflation could become endemic if wage demands become entrenched

Sun Feb 06 2022 - 12:08
Cabinet to look at measures to offset soaring cost of living

Cabinet to look at measures to offset soaring cost of living

Desire to help people beyond €100 support for utility bills already announced

Thu Feb 03 2022 - 04:00
Christmas spending splurge fattens Government’s January VAT receipts

Christmas spending splurge fattens Government’s January VAT receipts

State collects €6.7bn in tax, putting public finances on stable footing at start of year

Wed Feb 02 2022 - 16:34
Unemployment rises to 7.8% in January as restrictions bite

Unemployment rises to 7.8% in January as restrictions bite

As many as 202,000 people were either unemployed or on PUP last month, CSO says

Wed Feb 02 2022 - 11:28
Card spending hits record €8.4bn in run-up to Christmas

Card spending hits record €8.4bn in run-up to Christmas

Strong growth in Irish economy is being fuelled by a pick-up in consumer spending

Mon Jan 31 2022 - 13:42
Sentiment lifts post-Omicron as workers gear up for pay hikes

Sentiment lifts post-Omicron as workers gear up for pay hikes

Bank of Ireland’s latest Economic Pulse detects more upbeat mood

Mon Jan 31 2022 - 07:36
Social housing stock rises by less than 10,000 in four years

Social housing stock rises by less than 10,000 in four years

Dublin local authorities added 659 homes a year on average, but Dún Laoghaire saw stock fall

Mon Jan 31 2022 - 07:35
Playing politics with broadband saddles taxpayer with €2.6bn liability

Playing politics with broadband saddles taxpayer with €2.6bn liability

Project costing €5.5bn mired in delay ... and no public ownership of the end product

Sun Jan 30 2022 - 13:55
Retail sales fall in December as Omicron spoils Christmas for retailers

Retail sales fall in December as Omicron spoils Christmas for retailers

CSO data shows volume of sales fell 3.2% as consumers spent less in bars and on goods

Fri Jan 28 2022 - 12:10
Rollout of National Broadband Plan falls further behind schedule

Rollout of National Broadband Plan falls further behind schedule

Company behind project admits it will not make target to pass 60,000 homes

Thu Jan 27 2022 - 15:02
Government spent close to €900m on rent subsidies in 2021

Government spent close to €900m on rent subsidies in 2021

HAP scheme payments rose to €542m – a more than 80% rise since 2018, figures show

Thu Jan 27 2022 - 13:10
Covid restrictions push down new housing output

Covid restrictions push down new housing output

CSO figures show 20,433 homes were completed last year, down 0.5%

Thu Jan 27 2022 - 11:51
Irish consumer sentiment lifts with easing of pandemic fears

Irish consumer sentiment lifts with easing of pandemic fears

Latest KBC Bank Ireland index points to rising optimism among consumers

Thu Jan 27 2022 - 05:40
Loss of 12.5% tax rate won’t have ‘significant impact’ – IDA chief

Loss of 12.5% tax rate won’t have ‘significant impact’ – IDA chief

Welcome certainty of corporate deal will offset rate increase, says Martin Shanahan

Wed Jan 26 2022 - 11:26
Pandemic frees up more women to participate in workforce

Pandemic frees up more women to participate in workforce

Countries with higher levels of female empowerment tend to be more productive

Wed Jan 26 2022 - 05:05
Irish economy set to generate 167,000 jobs over next two years

Irish economy set to generate 167,000 jobs over next two years

Central Bank reports strong rebound in economy but warns on inflationary pressure

Wed Jan 26 2022 - 00:15
IMF warns elevated inflation will persist longer than expected

IMF warns elevated inflation will persist longer than expected

Fund cuts growth forecast for global economy on back on renewed Covid outbreaks

Tue Jan 25 2022 - 16:55
Housing starts now back at Celtic Tiger levels

Housing starts now back at Celtic Tiger levels

Sherry FitzGerald anticipates sizeable rise in construction output

Tue Jan 25 2022 - 05:13
Makhlouf insists inflation to moderate later in year

Makhlouf insists inflation to moderate later in year

Central Bank governor describes recent surge in energy prices as ‘spectacular’

Mon Jan 24 2022 - 13:13
It won’t take long before the ‘rip-off Ireland’ mantra begins again

It won’t take long before the ‘rip-off Ireland’ mantra begins again

The cost-of-living squeeze is likely to raise the political temperature

Sun Jan 23 2022 - 17:05
Republic of Ireland ‘16th most expensive’ place to live

Republic of Ireland ‘16th most expensive’ place to live

Latest rankings from price comparison site Numbeo contrasts living costs in 139 countries

Fri Jan 21 2022 - 16:26
Travel stocks lead European shares higher as airlines soar

Travel stocks lead European shares higher as airlines soar

Ryanair advances as oil stocks come off near two-year high

Thu Jan 20 2022 - 18:33
Ireland’s debt equates to €47,000 for every man, woman and child

Ireland’s debt equates to €47,000 for every man, woman and child

CSO figures show Government debt rose last year as spending on supports continued

Thu Jan 20 2022 - 13:57
Electricity consumed by data centres jumps by 144% in five years

Electricity consumed by data centres jumps by 144% in five years

New CSO data reveals surge in energy demand from data centres in Ireland

Thu Jan 20 2022 - 11:47
Spectre of inflation returns to haunt Irish households

Spectre of inflation returns to haunt Irish households

Headline price growth in economy jumps to 20-year high – energy prices alone set to surge

Thu Jan 20 2022 - 06:15
Low-paid workers’ exemption from tax base ‘unfair’ on middle earners

Low-paid workers’ exemption from tax base ‘unfair’ on middle earners

Tax institute calls for broader personal tax base and simplified social insurance system

Thu Jan 20 2022 - 06:01
House price inflation surges to pandemic high of 14%

House price inflation surges to pandemic high of 14%

Average price for home in Dublin now exceeds €500,000

Wed Jan 19 2022 - 11:28
Big preference for remote working after restrictions end – CSO survey

Big preference for remote working after restrictions end – CSO survey

Some 90% of 35- to 44-year-olds want to be able to work away from office after pandemic

Tue Jan 18 2022 - 12:27
Moy Park suspends live chicken processing at Ballymena plant

Moy Park suspends live chicken processing at Ballymena plant

Chicken processor is Northern Ireland’s largest private sector employer

Mon Jan 17 2022 - 18:35
Growth in advanced economies expected to slow, OECD data

Growth in advanced economies expected to slow, OECD data

High-frequency data show post-pandemic growth peak has passed

Mon Jan 17 2022 - 13:01
Goods imports from Britain fall by fifth since Brexit

Goods imports from Britain fall by fifth since Brexit

Latest CSO trade numbers show major pick-up in cross-Border trade, however

Mon Jan 17 2022 - 11:58
The truth about the ‘Great Resignation’: It didn’t actually happen

The truth about the ‘Great Resignation’: It didn’t actually happen

Employment and participation in the Irish labour market has never been higher

Sun Jan 16 2022 - 11:42
House prices forecast to rise by 5% as supply struggles to meet demand

House prices forecast to rise by 5% as supply struggles to meet demand

SCSI report also highlights planning issues and impact of rising renovation costs

Fri Jan 14 2022 - 05:41
European stocks end flat as weak defensives outweigh tech gains

European stocks end flat as weak defensives outweigh tech gains

Analysts expect ‘choppy’ first quarter for US stocks ahead of first Fed interest rate hike

Thu Jan 13 2022 - 19:10
Rising rents and surging prices trigger ‘collapse’ in home ownership

Rising rents and surging prices trigger ‘collapse’ in home ownership

Housing in Ireland is ‘severely unaffordable’, report by Parliamentary Budget Office says

Thu Jan 13 2022 - 16:11
Talbot Hotels acquires Clonmel Park Hotel for about € 7.5m

Talbot Hotels acquires Clonmel Park Hotel for about € 7.5m

Deal for four-star Tipperary hotel is latest divestment by Tetrarch Capital

Thu Jan 13 2022 - 15:03
Low paid benefit from minimum wage hikes despite ‘loss of hours’

Low paid benefit from minimum wage hikes despite ‘loss of hours’

ESRI research assesses impact of minimum pay increases between 2016 and 2018

Wed Jan 12 2022 - 13:17
Unemployment rate rises to 7.5% as Covid-19 rules hit hospitality

Unemployment rate rises to 7.5% as Covid-19 rules hit hospitality

CSO figures point to rise in Republic’s jobless total after period of decline

Wed Jan 12 2022 - 11:41
Food and drink exports hit record €13.5bn in 2021 despite Covid and Brexit

Food and drink exports hit record €13.5bn in 2021 despite Covid and Brexit

Latest Bord Bia figures suggest Irish exports last year surpassed pre-pandemic levels

Wed Jan 12 2022 - 09:31
Viatel snaps up Limerick-based ActionPoint

Viatel snaps up Limerick-based ActionPoint

Irish telecoms group makes another acquisition as market consolidation continues

Wed Jan 12 2022 - 07:12
OECD inflation surges to 25-year high of 5.8%

OECD inflation surges to 25-year high of 5.8%

Price growth is being driven by energy prices and supply chain disruption

Tue Jan 11 2022 - 19:01
World Bank warns of ‘pronounced slowdown’ over inflation and Covid variants

World Bank warns of ‘pronounced slowdown’ over inflation and Covid variants

Washington-based institution says pandemic likely to continue to disrupt activity in near term

Tue Jan 11 2022 - 15:44
Switch to electric motoring could punch €5bn hole in public finances

Switch to electric motoring could punch €5bn hole in public finances

The revenue implications of shifting away from combustion engines will be significant

Sun Jan 09 2022 - 14:34
Retail sales lift as consumers splash out on clothes and electrical goods

Retail sales lift as consumers splash out on clothes and electrical goods

Volume of sales in November was 0.6% higher in monthly terms and 16% up on 2020

Fri Jan 07 2022 - 12:29
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