Robert Shortt

Economics Correspondent

Central Bank Governor Gabriel Makhlouf speaking at today's conference in Dublin (Picture: Central Bank)

Far too early for talk of interest rate cuts - Makhlouf

The Governor of the Central Bank Gabriel Makhlouf has said the economy and financial system "is still adjusting to the change in interest rates by central banks."

Business • 08 Nov 23

Corporation tax was just over €1bn lower or 45% less last month than the amount collected in October last year.

Corporation tax take drops for third month in a row

The Exchequer recorded a deficit of €900m at the end of October, the latest figures from the Department of Finance show.

Business • 05 Nov 23

A team from the IMF has just concluded its annual review of the Irish economy

IMF warns on 'considerable external risks' for economy

The International Monetary Fund (IMF) has said the Irish economy has "strengthened considerably" on the back of strong tax revenues but the positive outlook is "clouded by considerable external risks".

Business • 03 Nov 23

Today's CSO figures show that the unemployment rate for men stood 5% in October, while it was 4.5% for women

Jobless rate moves up to 4.8% in October - CSO

New figures from the Central Statistics Office show that the number of people unemployed rose marginally in October.

Business • 02 Nov 23

The EU Harmonised Index of Consumer Prices is estimated to have risen by 3.6% in the 12 months to October, a flash reading from the CSO shows today

Inflation rate estimated to have slowed to 3.6% - CSO

According to the latest "flash" estimate of inflation from the Central Statistics Office, the annual rate in October slowed to 3.6%.

Business • 27 Oct 23

Today's CSO figures show that 42.2% of all home completions were in Dublin with 19.7% in the Mid-East in the third quarter of 2023

Housing completions up 14% in third quarter - CSO

There was an increase of 8,452 in new dwelling completions in the third quarter of this year, according to the latest figures from the Central Statistics Office.

Business • 25 Oct 23

The Gender Pay Gap was highest in the financial, insurance and real estate sectors at 24.7%, the CSO said today

Gender pay gap stood at 9.6% last year - CSO

Men earned 9.6% more than women last year, according to the latest figures from the Central Statistics Office.

Business • 18 Oct 23

Based on estimates from EirGrid, customers could be exposed to a loss of electricity for up to two hours this winter compared with four hours in 2022

Electricity power cut risk lower this winter - EirGrid

The risk to the national electricity grid of power cuts this winter is less than last year, according to the grid's operator EirGrid.

Business • 16 Oct 23

Overall, the ESRI estimates the Budget package will increase household disposable income on average by 2% (file image)

ESRI: Lower earners gain proportionately more in Budget

The Economic and Social Research Institute has said Tuesday's Budget was "progressive", meaning lower income groups will benefit proportionately more than higher income groups.

Business • 12 Oct 23

Inflation has been been either 5% or above 5% now for the past two years, the CSO said today

Annual inflation rate up slightly to 6.4% in September

The annual rate of inflation rose again in September to 6.4% compared to an annual rate of 6.3% in August, new figures from the Central Statistics Office show today.

Business • 12 Oct 23