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The figures will give a timely boost to Minister for Finance Paschal Donohoe when he delivers his budget at the end of this month

Exchequer records €6.3bn surplus at end of August

The Exchequer recorded a surplus of €6.3 billion at the end of August, according to figures released by the Department of Finance this afternoon.

Business • 02 Sep 22

Buying sentiment remained depressed, the report found, with just 15% of respondents believing it was a good time to purchase big ticket items

Slight improvement in confidence indicators - BoI

There was a slight improvement in confidence among consumers and businesses in August, according to the latest Economic Pulse from Bank of Ireland.

Business • 29 Aug 22

New CSO figures show that GDP rose by 6.3% during the first quarter, down from the 10.8% reported in preliminary data in June

Level of economic growth in Q1 revised down - CSO

The Central Statistics Office has revised downwards the level of economic growth recorded in Ireland during the first quarter of this year.

Business • 15 Jul 22

Irish inflation is rising and is expected to remain high for longer, the European Commission said today

European Commission pencils in GDP growth of 5.4%

The European Commission said today that Ireland's GDP is expected to keep increasing significantly with growth rates of 5.4% predicted for this year and 4.4% for next year.

Business • 16 May 22

The NTMA plans to issue €10-14 billion on the bond market this year

NTMA cancels June auction due to lower borrowing needs

The National Treasury Management Agency has cancelled its planned bond auction for June due to the economy's strong fiscal performance so far this year and the lower Exchequer borrowing requirement estimate for 2022.

Business • 09 May 22

The AIB S&P Global manufacturing Purchasing Managers' Index fell slightly to 59.1 in April from 59.4 in March

Employment boost keeps manufacturing growth booming

Rapid manufacturing growth continued at a similar level in April compared to a month earlier as the strongest boost to employment in almost a year mostly offset a slight slowdown in new orders and output growth, a survey showed today.

Business • 03 May 22

The inflationary environment contributed to rising uncertainty among households, who lowered their assessment of the economic situation as well as being more downbeat about their own finances

2nd month of falling sentiment among firms, consumers

Confidence among consumers and businesses declined for a second consecutive month in April, according to the latest Economic Pulse from bank of Ireland.

Business • 25 Apr 22

The services sector covers areas as diverse as communications, information technology, financial and business services and the tourism and hospitality trade

Record inflation in services sector as outlook darkens

The outlook for the services sector in March, as measured by AIB in its monthly Purchasing Managers' Index, darkened considerably following the Russian invasion of Ukraine and record price inflation across the sector.

Business • 05 Apr 22

Around 88% of manufacturers reported higher input prices in the latest AIB PMI index for manufacturing

Record inflation in the manufacturing sector - AIB PMI

The Irish manufacturing sector is having to contend with record inflationary pressure as both input and output prices increased at the fastest pace in a quarter of a century.

Business • 01 Apr 22

Today's CSO figures show that Modified Domestic Demand grew by 6.5% while GDP jumped by 13.5%

Domestic economy grew by 6.5% in 2021 - CSO

The economy grew strongly last year, according to the latest national accounts published by the Central Statistics Office today.

Business • 04 Mar 22

The AIB IHS Markit Purchasing Managers' Index moved up to 56.2 in January from 55.4 in December as Covid curbs were dropped

Scrapping of Covid curbs lifts service sector growth

Growth in the country's service sector picked up in January as some firms reported a pick-up in trading conditions and consumer confidence following the lifting of almost all Covid-19 restrictions, a survey found today.

Business • 03 Feb 22

Davy now expects the Irish economy to grow by 15.5% this year, up from its earlier estimate of 10%

Davy revises up economic growth prediction to 15.5%

Davy has revised upwards its forecast for Irish GDP growth to 15.5% in 2021 and 6.7% in 2022 due to a buoyant multinational sector and a strong rebound in domestic activity.

Business • 10 Dec 21

Consumer prices on average were 5.3% higher in November compared with the same time last year, new CSO figures show

Rising energy prices push inflation to 20-year high

New Central Statistics Office figures show that consumer prices on average were 5.3% higher in November compared with the same time last year.

Business • 09 Dec 21

Irish economic growth

Recent Central Statistics Office figures show the Irish economy grew by a modest 0.9% in the third quarter of 2021.

Business • 07 Dec 21

The manufacturing Purchasing Managers' Index (PMI) fell to 59.9 in November from 62.1 in October

Rapid manufacturing growth slows in November - PMI

Rapid growth in factory activity slowed to its lowest level in eight months but was still higher than any reading recorded before April and above a flash estimate for the euro zone as a whole, a survey showed today.

Business • 01 Dec 21

S&P Global said that implementing the OECD corporate tax agreement is likely to hit Government revenue

S&P Global raises Irish growth forecast to 5%

Rating agency S&P Global has revised upwards its growth forecast for the underlying Irish economy to 5% on average for this year and next year as domestic demand will benefit from pent-up savings and investments as a result of Covid-19.

Business • 30 Nov 21

The AIB IHS Markit manufacturing Purchasing Managers' Index rose to 62.1 from 60.3 in September, after hitting a record 64.1 in May

Manufacturing growth back near record high - PMI

Growth in factory activity rose back towards all-time highs in October despite production remaining constrained by supply delays and input and output price inflation hit fresh record levels, a survey showed today.

Business • 01 Nov 21

Government finances saw a deficit of €18.4 billion for 2020

Government finances suffered big Covid hit in 2020

New figures from the Central Statistics Office show that €14.8 billion of additional direct costs were associated with the range of Covid-19 measures introduced by the Government since March 2020.

Business • 19 Oct 21

The Central Bank says domestic demand will grow by 5.5% this year and just over 7% next year

Central Bank forecasts rebound in domestic economy

A stronger than expected recovery is forecast to result in activity in the domestic economy returning to pre-pandemic levels this year, according to the Central Bank.

Ireland • 06 Oct 21

The AIB IHS Markit manufacturing Purchasing Managers' Index slipped to 60.3 in September from 62.8 in August

Manufacturing growth slips to 6-month low - PMI

Growth in factory activity slipped to a six-month low in September but remained close to all-time highs with the sector showing signs of inflationary pressures, a survey showed today.

Business • 01 Oct 21

IFAC notes that increased investment is necessary to solve problems like housing

Govt debt could end up on 'unsustainable path' - IFAC

The Irish Fiscal Advisory Council has said the economy is recovering 'swiftly' but government spending plans for the upcoming Budget are "at the limit of what is prudent".

Business • 15 Sep 21

Leo Varadkar said he still believes it is possible to get the public finances back on a sustainable footing without tax increases and cuts to spending

Economy performing ahead of expectations - Varadkar

Tánaiste and Minster for Enterprise Leo Varadkar said today that the economy is "actually ahead of where we thought we would be".

Business • 13 Sep 21

NTMA CEO Conor O'Kelly said the economy is set to return to pre-pandemic levels of activity early next year

Economy to return to pre-Covid levels early next year

The chief executive of the National Treasury Management Agency, Conor O'Kelly, has told an audience of investors that the economy is set to return to pre-pandemic levels of activity early next year.

Business • 08 Sep 21

Growth is being driven by buoyant exports, particularly in the computer services and pharmaceuticals/med-tech sector

Economy on course for GDP growth of at least 15% - Davy

Stockbroker Davy has revised upwards its outlook for economic growth to at least 15% of Gross Domestic Product for the full year.

Business • 03 Sep 21

The economy - as measured by Gross Domestic Product - grew by 6.3% in the second quarter of this year, new CSO figures show

Quarterly GDP up 6.3% in Q2 as Covid curbs ease

New figures from the Central Statistics Office show that the economy - as measured by Gross Domestic Product - grew by 6.3% in the second quarter of 2021 compared to the first three months of the year.

Business • 02 Sep 21

Irish Economy