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Irish consumers pay the second highest prices in Europe, according to new figures from the Central Statistics Office. The country also has the highest proportion across the EU of graduates in the so-called STEM subjects of mathematics, science and technology. The Measuring Ireland’s Progress report for 2018, published by the CSO, paints a picture of […]
Read MoreConsumer sentiment remained subdued in February as concerns over household finances largely cancelled out optimism around the economy in general, a new survey shows today. Ireland has remained the European Union’s fastest growing economy during three years of Brexit talks. But today’s survey shows that many consumers are not seeing an improvement to their financial […]
Read More600 delegates are attending the Enterprise Ireland Start-Up Showcase today in Croke Park. Enterprise Ireland, the government agency responsible for the development and growth of Irish companies in global markets, invested a total of €24m in Irish start-ups in 2019 and supported a total of 127 start-up companies. The investments were provided through Enterprise Ireland’s […]
Read MoreAverage earnings in the economy rose by 3.5% last year, according to the latest figures from the Central Statistics Office. The highest earnings were in the Information and Communication sector while the lowest earnings were in the Accommodation and Food Services sector. Today’s CSO figures show that in the last three months of last year, […]
Read MoreEuropean shares edged lower today after recording their worst losses since June 2016 in the previous session. Trading was still dominated by concern that the coronavirus outbreak is spreading fast outside China. After opening up about 0.4%, the pan-European STOXX 600 shed those gains more than hour into trading to trade 0.3% lower. Banking shares were […]
Read MoreA marathon EU summit called to set the next seven-year budget ended in impasse tonight after the 27 member countries failed to find common ground. The two-day gathering saw a stand-off between poorer countries and “frugal” member states seeking to rein in spending. The departure of the UK means there will be a hole of […]
Read MoreA jump in number of coronavirus cases outside China hit European shares this morning, as investors feared the outbreak will take a bigger toll on global growth than anticipated. The pan-European STOXX 600 tumbled 2.5% in early trade, on pace for its biggest percentage loss since October, with all the major regional indexes down over […]
Read MoreThe hotel and guesthouse sector here experienced a mixed performance for 2019, against the backdrop of a significant fall in overseas visitor growth. New figures from the Irish Hotels Federation show that room occupancy nationally grew marginally during the year, finishing at 73% compared to 72% in 2018. However, the wide gap between the occupancy […]
Read MoreConsumer prices rose by 1.3% in the year to the end of January, according to the Central Statistics Office, maintaining the level recorded at the end of 2019. Prices fell on a monthly basis, however, by 0.7%. According to the CSO prices in education saw the biggest increase over the 12 month period, up 4.1%. […]
Read MoreThe National Treasury Management Agency has sold €500m worth of Treasury Bills. The manager of the State’s finances said it received bids worth a total of €1.425 billion – almost three times the amount on offer. The bills have a maturity of six months and were sold at a yield of -0.535%. Today’s auction was […]
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