Dublin residential property prices fell for the third month in a row in the year to September, the latest Central Statistics Office figures show today. Dublin residential property prices decreased by 1.3% in the year to September, with house prices falling by 1.5% and apartments slowing by 0.2%. The CSO noted that the highest house […]
Author: Practicenet
The euro zone economy continued to grow at a modest pace in the third quarter as expected, data from the EU statistics office showed today, as Germany narrowly escaped a technical recession and other big economies expanded. Eurostat said gross domestic product in the 19 countries sharing the euro increased 0.2% quarter-on-quarter in the third […]
Revenue has said that its online system ROS is back up and running after being offline for some time today. Revenue had earlier said in a statement that it was aware of further difficulties with the ROS system after it also experienced issues yesterday. “Revenue acknowledges the difficulties and frustration being experienced by taxpayers and agents who […]
Ireland has breached EU limits on four key tests of economic stability, new figures from the Central Statistics Office show. The Macroeconomic Scorecard, compiled by the CSO, is part of a system introduced by the European Commission during the financial crisis to flag imbalances in member state economies. The number of breaches is down from […]
The German economy escaped a recession in the third quarter as strong consumer spending helped output grow 0.1% quarter-on-quarter, defying expectations of a contraction, preliminary data showed today. Gross domestic product in Europe’s largest economy expanded by 0.5% from July to September after a 0.3% expansion from April to June. This is according to seasonally adjusted […]
The number of new homes which have commenced construction in September was 28% higher than in the same period last year. Figures published by the Department of Housing show that 26,106 Commencement Notices were recorded in September. The figure for the three Dublin local authorities was 8,714 (up 23%), while the Mid-East Region comprising counties Meath, […]
The rate of rental inflation dropped to its lowest level in six years in the third quarter of this year, the latest report from property website Daft.ie shows. Daft said that the average rent across the country rose by 5.2% – the smallest increase since the second quarter of 2013. However the average monthly […]
The UK economy grew at the slowest annual rate in nearly a decade in the three months to the end of September, as a global slowdown and Brexit worries hit business investment and manufacturing. Year-on-year gross domestic product growth slowed to 1% from 1.3% in the second quarter, Britain’s Office for National Statistics said. This […]
The annual cost of owning and maintaining a family home has risen by over €1,000 a year, with the average homeowner now spending over €17,000 on their home. This is according to the latest “Cost of Running a Home” analysis from AA Home Insurance. Research from the insurance intermediary has found that the cost of […]
Activity in the construction sector fell at the sharpest rate since June 2013, according to the latest Ulster Bank Purchasing Managers Index. Activity in the construction sector fell at the sharpest rate since June 2013, according to the latest Ulster Bank Purchasing Managers Index. The index, which tracks changes in total construction activity, fell to […]
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