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  • Robert Shortt - RTÉ Reporter

    Robert Shortt

    Economics Correspondent

    Follow@RobertShortt

    Inflation reached a 38 year high in 2022

    Inflation hit a 38 year high in 2022 but economy strong

    The Central Statistics Office has published an online compilation of significant statistics about the economy and business recorded last year.

    Business • 05 Jan 23
    Ministers Paschal Donohoe and Michael McGrath at a media briefing to announce the 2022 Exchequer figures (Pic: RollingNews.ie)

    Exchequer collected record €83bn in tax last year

    The Exchequer collected a record €83.1 billion in tax last year, according to figures published this evening by the Department of Finance.

    Business • 04 Jan 23
    NTMA said it has hired a syndicate of banks and brokers to sell the 20 year green bond

    NTMA to raise up to €3 billion from 20-year green bond

    The National Treasury Management Agency is to raise money on international markets with a new 20 year bond, restricted to investments in environmentally sustainable public projects.

    Business • 04 Jan 23
    Russia's invasion of Ukraine disrupted markets in food, energy and a wide range of commodities and raw materials during the year

    Surging inflation framed the economic landscape in 2022

    The economic fundamentals of security, food, shelter and energy all came into sharp relief this year when Russia invaded Ukraine at the end of February.

    Business • 24 Dec 22
    The institute still expects unemployment to decline further

    ESRI expects economy to grow at 'reduced pace' in 2023

    The Economic and Social Research Institute expects the economy to grow "at a significantly reduced pace" next year given the likelihood of recession in overseas markets and continuing cost of living pressures at home.

    Business • 15 Dec 22
    The OECD said that high inflation and low business and consumer confidence will lower demand in the Irish economy

    OECD warns against increased spending

    The OECD, the Paris-based think tank, says the Irish economy is "coping well" with the repercussions from Russia's war against Ukraine.

    Business • 14 Dec 22
    60% of the apartment planning permission are for projects in the Dublin region, today's CSO figures show

    Q3 planning permission for new apartments drops by 67%

    Planning permission for new apartments fell by 67% to 2,347 in the third quarter of this year compared to the same period in 2021, according to new figures from the Central Statistics Office.

    Business • 09 Dec 22
    The report delves deeper into the factors that seem to be holding construction back.

    House prices could fall 12% if more homes built - ESRI

    The Economic and Social Research Institute has found that if housing output was increased by 10,000 units a year, house prices could fall by 12%.

    Business • 09 Dec 22
    Today's CSO figures show that food prices continued to rise

    Inflation eases slightly but food prices keep rising

    The annual rate of inflation, as measured by the Consumer Price Index, moderated to 8.9% in November, new figures from the Central Statistics Office show today.

    Business • 08 Dec 22
    Annual wage growth in Ireland slowed from a peak of 5.2% in July and August to 4.6% in November

    Wage growth tracker shows first slowdown in over a year

    Wage growth in November slowed across economies in Europe, the UK and the US, according to the Indeed Wage Tracker published by the online jobs site Indeed.com.

    Business • 08 Dec 22
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