Robert Shortt

Economics Correspondent

On a twelve-month rolling basis, this means the Exchequer is running a surplus of €5.6 billion.

€2.8bn surplus in public finances recorded in January

The public finances recorded a surplus in January of €2.8 billion, according to figures published this afternoon by the Department of Finance.

Business • 02 Feb 23

Eurogroup President Paschal Donohoe and ECB President Christine Lagarde

ECB chief says need to roll back energy price measures

European Central Bank President Christine Lagarde said discussions were held with Eurogroup President Paschal Donohoe in Frankfurt yesterday on the need to "start rolling back" measures introduced by governments across Europe to shield people from price rises.

Business • 02 Feb 23

Euro zone inflation dropped to 8.5% last month from 9.2% in December

Euro zone inflation drops to 8.5% in January

Inflation in the euro area fell to an annual rate of 8.5% in January from 9.2% in December, according to an initial estimate from Eurostat.

Business • 01 Feb 23

Davy predicts inflation will slow to an average of 4.7% this year

Davy doubles economic growth forecast for this year

Stockbroker Davy has doubled its forecast for growth in the economy this year and lowered its forecast for inflation.

Business • 01 Feb 23

Energy prices fell by 0.1% in January but they are still up 33.1% compared to January 2022, new CSO figures show

Annual rate of inflation slows to 7.7%, CSO estimates

The annual rate of inflation slowed to 7.7% in January, according to an initial estimate by the Central Statistics Office, down from a rate of 8.2% in December.

Business • 31 Jan 23

Gross domestic product in the euro zone expanded by 0.1% in the fourth quarter, new figures show today

Irish economy grows three times faster than euro zone

The EU's statistical agency, Eurostat, has estimated that the euro area economy, measured by GDP, grew by 0.1% in the last three months of last year compared to the previous three months.

Business • 31 Jan 23

The economy grew in GDP terms by 12.2% in 2022, new CSO figures estimate

Ireland estimated to have had highest EU growth in 2022

The economy grew by 3.5% in the last three months of last year, compared to the previous three months, according to an estimate by the Central Statistics Office.

Business • 30 Jan 23

Sales of clothing, footwear and textiles were down 16.8% in December, today's CSO figures show

Monthly retail sales flat in December - CSO

Retail spending overall was flat in December, compared with November, according to the latest figures from the Central Statistics Office.

Business • 27 Jan 23

The number of new dwellings completed in 2022 reached 29,851, new CSO figures show

Almost 30,000 new home completions in 2022 - CSO

The number of new dwellings completed in 2022 reached 29,851, according to figures from the Central Statistics Office today.

Business • 26 Jan 23

Gabriel Makhlouf, Governor of the Central Bank

ECB needs to continue rate hikes next week - Makhlouf

The Governor of the Central Bank has said the European Central Bank needs to continue to increase interest rates when its Governing Council meets in Frankfurt next week.

Business • 25 Jan 23