Robert Shortt

Economics Correspondent

Minister for the Environment, Climate and Communications Eamon Ryan at the launch of ESB Network's new Net Zero Strategy

ESB Networks to invest €10 billion up to 2030

ESB Networks, which is the part of the ESB responsible for the transmission of electricity to homes and businesses, has said it will invest €10 billion between now and 2030 in the country's electricity network.

Business • 23 Jan 23

Goodbody forecasts consumer price inflation will slow to an average 5.6% this year

Ireland to avoid recession in 2023 report predicts

Ireland will avoid recession this year, due to record household savings and the capacity for the Government to provide support with what a report describes as "the best budget position in the euro area".

Business • 23 Jan 23

Today's CSO figures show that the price of electricity remained very volatile in December, soaring by 93.2%

Wholesale electricity prices up by annual 10.4% - CSO

Prices paid by manufacturing companies for raw materials and inputs declined for the second month in a row in December, bringing the annual rate of the wholesale price index back to 2.5%.

Business • 20 Jan 23

The number of households in receipt of inheritances has gone up over time, new Central Bank research show

Over one third of households have received inheritances

Research published by the Central Bank today reveals that over one third of households in Ireland have received an inheritance. The accumulated value of these inheritances is estimated to be worth €97 billion.

Business • 19 Jan 23

Residential property price growth slowed to 8.6% in November from 9.7% the previous month

Property price growth slows as Dublin prices fall

Residential property price inflation slowed further in November to a rate of 8.6%, down from 9.7% in October, according to the latest figures from the Central Statistics Office.

Business • 18 Jan 23

Annual rate of inflation slows to 8.2% in December

The annual rate of inflation slowed to 8.2% in December, down from 8.9% in November, new figures from the Central Statistics Office show today.

Business • 17 Jan 23

Gas and electricity are inextricably linked in what they mean for the utility bills we all pay

Why are gas prices falling and will my bills come down?

This week, Flogas became the first domestic energy provider to offer a one-year fixed price contract to customers since early 2020.

Business • 13 Jan 23

New rates here are the third cheapest in the euro area after Malta and France.

New Irish mortgage rates 3rd lowest in euro area

Interest rates on new mortgages remained unchanged in November, according to the latest figures from the Central Bank.

Business • 11 Jan 23

The seasonally adjusted number of people unemployed was 114,500 in December last year

Unemployment rate drops slightly in December to 4.3%

The unemployment rate declined marginally in December to 4.3% from 4.4% in November, according to the Central Statistics Office.

Business • 11 Jan 23

The green bond raises capital earmarked for projects with environmental benefits

NTMA raises €3.5 billion from 20-year green bond

The National Treasury Management Agency (NTMA) has raised €3.5 billion through a 20 year 'green' bond issued today.

Business • 05 Jan 23