New car registration figures released on Wednesday by Motorcheck.ie show that new car sales in February 2017 have fallen 21% on last year with only 17,015 units sold compared to
The rate of input cost inflation accelerated sharply in February, amid higher prices for a range of raw materials, but output charge inflation moderated, according to the Investec Manufacturing PMI report
Average weekly earnings were €716.07 in Quarter four of 2016, a rise of 0.6% from €712.02 one year earlier according to preliminary estimates released by the Central Statistics Office (CSO)
Cork Chamber welcomed the Norwegian Air’s Thursday announcement that it will offer direct flights between Cork Airport and Providence in Rhode Island, less than an hour’s drive from Boston, Massachusetts. New North
One third of Irish hotels have changed hands since 2011, according to a study from property consultants, Savills Ireland. The combined sales value over the five-year period was approximately €2.4
Ireland’s annual inflation rate was recorded as 0.2% in January 2017, the lowest in the Euro Area which saw an inflation rate of 1.8% , up from 1.1% in December 2016, according
The price of basic metals rose 12.1 % in January while other factory gate prices remained relatively stable, according to figures released by the Central Statistics Office on Wednesday. Total
There was an annual increase in employment of 65,100 (3.3%) in 2016, bringing total employment to 2,048,100, according to the Quarterly National Household Survey released by the CSO on Tuesday.
The September – December 2016 InterTradeIreland Business Monitor Report, issued on Monday, shows that 98 percent of businesses surveyed have no plan in place to deal with the consequences of
A survey on employment pay and conditions in 576 small companies employing 12,903 employees, released by the Small Firms Association on Monday, shows that 34% of those companies surveyed pay maternity benefit
Post written by Ian Collins, Partner at EY Ireland. Previously published on Fora.ie The burden for small firms investing in research should be lifted. Ireland’s tax regime already ranks among the best
The EU-Canada Comprehensive Economic and Trade Agreement (CETA), which aims to boost goods and services trade and investment flows, was approved by the European Parliament on Wednesday. The landmark trade
Exports totalled more than €116 billion in 2016, the highest annual total on record, according to preliminary figures released by the Central Statistics Office on Wednesday. This is an increase of
There has been a surge in office “pre-letting” – the practice of tenants committing to lease contracts before a building has even been constructed – accounting for 28,000 square meters
Both mean and median weekly earnings for all employment increased by one percent in the period 2011 to 2014, according to figures released by the Central Statistics Office (CSO) on
Passenger numbers at Dublin Airport increased by 9% to almost 1.9 million in January, Dublin Airport announced Tuesday. Passenger volumes to and from continental Europe grew by 7%, with almost 873,000
Skillnets, the national agency responsible for funding and supporting training networks, announced on Tuesday details of a new training fund that will support private sector businesses by addressing their skills
The Government-funded, not-for-profit lender, Microfinance Ireland (MFI), supported the creation of almost 1,000 Irish jobs through loans to small business in 2016, MFI reported on Monday. A record number of 397
Irish airline Ryanair reported on Monday that Q3 profits fell 8% to €95 million, as average fares fell by 17% to just €33 per passenger and traffic grew 16% to
The Taoiseach and Minister Simon Coveney launched a major national consultation for the preparation of a strategic planning and development framework for Ireland between now and 2040, in Maynooth University
“Wake up Ireland – the world has completely changed,” was the clear, warning issued by Simon McKeever, Chief Executive of the Irish Exporters Association, on the challenges arising from Brexit.
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
The seasonally-adjusted volume of retail sales decreased by 0.7 percent in the month of December, according to figures released by the
Tourism Ireland published research on Tuesday that shows the potential impacts of Brexit on tourism to the island of Ireland
The European Investment Bank (EIB) announced on Tuesday that they had provided more than €825 million for long-term public and
UK Prime Minister Theresa May has done little to address the major uncertainty facing workers across the island of Ireland
Taoiseach Enda Kenny and Minister for Finance Michael Noonan participated in the Annual Meeting of the World Economic Forum (WEF)
Prime rents in the industrial sector may rise by almost 14% in 2017, following an increase of 25% last year,
The Ulster bank Purchasing Managers’ Index (PMI) for December, released on Monday, showed that activity in the construction sector constinued
Commercial property consultants CBRE Ireland released statistics on Friday, detailing the volume and value of investment in Irish commercial property
Enterprise Ireland, the Government agency responsible for developing Irish business globally, launched it’s 2017-2020 strategy on Monday, aiming to increase
Production for Manufacturing Industries rose 17.1 percent in November 2016 compared with the previous month, according to figures released by
The volume of retail sales for November was up 4.3 percent when compared with the previous year, and up 0.9
Rates of expansion in the Irish service sector saw a boost at the end of 2016, with new orders, activity,
The Egyptian authorities reopened the market there to Irish beef, Minister for Agriculture, Food and the Marine Michael Creed announced
The seasonally adjusted unemployment rate for December 2016 was 7.2%. down from 7.3% in November 2016 and down from 8.9%
IDA Ireland, the Government agency responsible for attracting foreign direct investment, announced the highest level of employment in its client
Irish house price inflation is set to accelerate in 2017, potentially reaching double-digit levels, according to the MyHome.ie property report
The Irish manufacturing sector showed further signs of recovery following the UK’s decision to leave the EU, with business conditions
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,
The wealthiest 10% of households own 52.2% of the total net wealth in the Euro area, except Lithuania, and Hungary
The economy is growing at a solid pace, and the quantity and quality of buildings and infrastructure delivered by the
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
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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