Robert Shortt

Economics Correspondent

The analysis shows that 90% of loans held by the so-called 'non-bank' sector that administers mortgages bought up by investment funds, have an interest rate of 6.5% or less.

Mortgages from credit-servicing firms face higher rates

The Central Bank has published data showing customers with mortgages at credit-servicing firms face higher interest rates.

Business • 08 Jun 23

Core inflation, which strips out energy and food, moved higher than the headline rate for the first time to record an annual rate of 6.8% in May

Annual inflation rate slows to 6.6% in May from 7.2%

The annual rate of inflation slowed to 6.6% in May, compared to 7.2% in April, new figures from the Central Statistics Office show today.

Business • 08 Jun 23

Euro area GDP growth fell by 0.1% in the first three months of 2023 after a decrease of 0.1% in the last quarter of 2022

Euro area falls into technical recession in Q1

The euro area fell into a technical recession in the first quarter of this year, according to figures from Eurostat.

Business • 08 Jun 23

The Fiscal Advisory Council thinks there is little room for manoeuvre in the upcoming Budget

IFAC urges Govt to stick to its spending rule in Budget

The Irish Fiscal Advisory Council has urged the Government to stick to its spending rule in October's Budget.

Business • 07 Jun 23

The number of people in employment rose by 4.1% to 2,609,500 in the year to the end of the first quarter 2023 - a new record

Record level of employment in first quarter of 2023

There was a further increase in the number of people at work in the first three months of this year, according to the latest Labour Force Survey from the Central Statistics Office.

Business • 24 May 23

The wholesale price is down 42.5% compared to April last year, new CSO figures show today

Wholesale electricity prices down over 40% in April

Prices paid for raw materials by manufacturers fell in April for the first time since November 2021, new Central Statistics Office figures show today.

Business • 22 May 23

Under S&P's ratings, Ireland is now AA, up from AA-, 'with a stable outlook'

Ireland's credit rating upgraded to AA by S&P

Ireland's credit rating has been upgraded by the ratings agency, Standard & Poor's.

Business • 19 May 23

Over the past five years - from March 2018 to March 2023 - the Consumer Price Index has gone up by 16.9% here

Inflation impact hits lower income households harder

Inflation has had a bigger effect on people with lower incomes, older households, rural households and households without children, according to an analysis by the Central Statistics Office.

Business • 19 May 23