Robert Shortt

Economics Correspondent

The IFAC paper examines a range of factors and indicators that might be used to predict a recession.

'Relatively low likelihood' of recession, IFAC says

There's a 'relatively low likelihood' of a recession in the coming year, according to an analysis by economists at the Irish Fiscal Advisory Council.

Business • 28 Feb 23

Today's CSO figures show that retail sales rose by 0.1% on a monthly basis while they were up 3% compared to last year

Monthly retail sales inch 0.1% higher in January - CSO

The volume of retail sales rose slightly in January, according to the latest figures from the Central Statistics Office.

Business • 28 Feb 23

Housing and public infrastructure remain Ireland's 'major economic and social challenges'

Ibec upgrades economic growth forecasts

Employers' group Ibec has upgraded its forecasts for growth in the economy this year in its latest Quarterly Economic Outlook.

Business • 27 Feb 23

The Irish numbers are so big they are now distorting the view of what's going on in the euro economy

Leprechaun Economics 2: Euro Edition

Irish GDP numbers are so big they are now distorting the view of what's going on in the euro economy, writes Economics Correspondent Robert Shortt.

Analysis and Comment • 26 Feb 23

This significant downward revision is due to oil and gas prices falling steeply since forecasts in the Budget were published last September

Inflation rate expected to fall 'much more rapidly'

The Minister for Finance has said he expects inflation to fall "much more rapidly than previously assumed."

Business • 24 Feb 23

Pension coverage varied according to age and occupation, new figures from the CSO show today

66% of workers have some form of pension coverage - CSO

Two thirds of people aged between 20 and 69 had some form of private pension on top of the state pension, according to a report from the Central Statistics Office.

Business • 23 Feb 23

Euro zone inflation eased to 8.6% in January from 9.2% in December, new Eurostat figures show

Euro zone inflation eases to 8.6% in January from 9.2%

Inflation in the euro area fell back to an annual rate of 8.6% in January from 9.2% in December, according to new figures from Eurostat.

Business • 23 Feb 23

Wholesale electricity prices in January fell by 10.5% compared to the same month last year, new CSO figures show

Monthly wholesale electricity prices down 41% - CSO

The wholesale price of electricity fell further in January, dropping by 41.4% compared to December, according to the latest figures from the Central Statistics Office.

Business • 22 Feb 23

The CRU said today that protections in place for customers will be reviewed in advance of next winter

CRU extends moratorium on disconnections until March

The Commission for the Regulation of Utilities, the CRU, has announced that the moratorium on electricity and gas domestic disconnections will be extended until the end of March for all customers.

Business • 21 Feb 23

Emissions from Ireland's agricultural sector are the second most intense in the EU, figures show today

'Intensity' of Irish greenhouse gas emissions down 60%

A new report from the Central Statistics Office has found the "intensity" of greenhouse gas emissions (GHG) in the economy here has fallen by up to 60% over the decade from 2012-2021.

Business • 17 Feb 23