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
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 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
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
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
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
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
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
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 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
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
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
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 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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Higher debt and deficits increase risks to the economy The Governor of the Central Bank has warned that higher debt and deficit projections out to the middle of the decade increase the risks to the public finances and the economy. Business • 01 Sep 21
Higher debt and deficits increase risks to the economy The Governor of the Central Bank has warned that higher debt and deficit projections out to the middle of the decade increase the risks to the public finances and the economy. Business • 01 Sep 21
Manufacturing loses momentum as bottlenecks hit Irish factory activity lost some momentum in August with growth in output, new orders, exports and purchasing all lower than the previous month, a survey showed today. Business • 01 Sep 21
Manufacturing loses momentum as bottlenecks hit Irish factory activity lost some momentum in August with growth in output, new orders, exports and purchasing all lower than the previous month, a survey showed today. Business • 01 Sep 21
Consumer confidence up, business sentiment slips - BoI Bank of Ireland's latest Economic Pulse shows that consumer confidence rose in August but business sentiment slipped. Business • 30 Aug 21
Consumer confidence up, business sentiment slips - BoI Bank of Ireland's latest Economic Pulse shows that consumer confidence rose in August but business sentiment slipped. Business • 30 Aug 21
Rise in consumer confidence not repeated elsewhere Irish consumer sentiment improved marginally in August while confidence dipped in the US, UK and euro area. Business • 26 Aug 21
Rise in consumer confidence not repeated elsewhere Irish consumer sentiment improved marginally in August while confidence dipped in the US, UK and euro area. Business • 26 Aug 21
Ibec calls for more autonomy in reopening road map The chief executive of business organisation Ibec has told the Government it is vital that the next road map to reopening the economy is less prescriptive in nature than previously. Business • 24 Aug 21
Ibec calls for more autonomy in reopening road map The chief executive of business organisation Ibec has told the Government it is vital that the next road map to reopening the economy is less prescriptive in nature than previously. Business • 24 Aug 21
Manufacturing sector maintains rapid growth in July The manufacturing sector continued to grow at a rapid pace in July, albeit at a slower rate than the previous two months. Business • 03 Aug 21
Manufacturing sector maintains rapid growth in July The manufacturing sector continued to grow at a rapid pace in July, albeit at a slower rate than the previous two months. Business • 03 Aug 21
Consumer confidence dips marginally from June's high Irish consumer confidence dipped marginally in July from the two year high recorded in June, according to the latest consumer sentiment index from KBC Bank Ireland. Business • 23 Jul 21
Consumer confidence dips marginally from June's high Irish consumer confidence dipped marginally in July from the two year high recorded in June, according to the latest consumer sentiment index from KBC Bank Ireland. Business • 23 Jul 21
European Commission raises Irish GDP growth forecasts The European Commission has revised upwards the country's GDP growth projections to 7.2% for this year after a stronger than expected economic performance in the first quarter of 2021. Business • 07 Jul 21
European Commission raises Irish GDP growth forecasts The European Commission has revised upwards the country's GDP growth projections to 7.2% for this year after a stronger than expected economic performance in the first quarter of 2021. Business • 07 Jul 21
Services growth hits five year high, cost pressures up Growth in activity in the services sector increased further in June but cost pressures continued to intensify for firms with input price inflation hitting its highest level since 2008, a survey reveals today. Business • 05 Jul 21
Services growth hits five year high, cost pressures up Growth in activity in the services sector increased further in June but cost pressures continued to intensify for firms with input price inflation hitting its highest level since 2008, a survey reveals today. Business • 05 Jul 21
Central Bank upgrades its economic forecasts The Central Bank has upgraded its forecasts for growth in the economy in its latest quarterly bulletin, but said that any decision to permanently increase spending in upcoming budgets will have to balanced by new taxes or reduced spending in other areas. Business • 01 Jul 21
Central Bank upgrades its economic forecasts The Central Bank has upgraded its forecasts for growth in the economy in its latest quarterly bulletin, but said that any decision to permanently increase spending in upcoming budgets will have to balanced by new taxes or reduced spending in other areas. Business • 01 Jul 21
