Author: splash

Grocery price inflation hits new record high of 16.4%

Shoppers spent an additional €113.56 per buyer in the 12 weeks to February 19 compared with the same time last year, new figures from Kantar show today. The increase comes as grocery price inflation hit a new record high of 16.4% in the latest 12 week period, up from a rate of 2.4% the same […]

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More work needed on women moving into senior leadership roles

Listed companies here have on average 32% female representation at board level, new figures from the Balance for Better Business Review Group show. For the first time, Ireland is included in the list of top 10 countries in the EU for female board representation. However, the pace of progress in achieving gender balance at the […]

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Rising costs set to impact summer holiday plans for most

74% of Irish consumers expect rising costs to impact their summer holiday plans for this year, according to new research by global tech company Wise. When respondents factored in travel, accommodation and general spending, they expect to spend on average €2,800. Half of those surveyed plan to use their savings to pay for their trip, […]

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Is the market bounce of 2023 fading rapidly?

2022 was a pretty dismal year for equity markets. Having kicked January off at all-time highs, stock valuations rapidly went south as inflation precipitated a round of interest rate increases, the likes of which hadn’t been seen in decades. On top of that, the outbreak of war in Ukraine contributed to an economic outlook that […]

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Energy rating an important consideration for prospective house buyers – MyHome study

Energy concerns are to the fore among prospective house buyers, a new survey suggests, as the cost-of-living squeeze continues to bite. The property website MyHome.ie sought the views of over 2,500 people for its study which was conducted in late February. Three quarters of perspective homebuyers said they were more inclined to consider a property’s […]

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Local Enterprise Week kicks takes place against challenging commercial backdrop

Up to 10,000 business people, and those hoping to establish a business, are expected to take part in more than 300 events over the coming days to mark Local Enterprise Week. The events are being organised by the network of Local Enterprise Offices around the country, which provide advice, information and support to individuals setting […]

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Public finances show deficit of €2.5bn at end of February

The public finances were €2.5 billion in deficit at the end of February. However, this was due to the transfer of €4 billion to the National Reserve Fund. On a twelve-month rolling basis, the Exchequer had a €1.5 billion surplus. Tax receipts overall were up €0.5 billion or 13% last month compared to February 2022. […]

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More than a third of employees feel invisible or under-appreciated at work

More than one third of employees in Ireland feel invisible or under-appreciated at work, according to a new survey. The Workhuman Human Workplace Index found that almost half of employees feel stressed at work. The findings are being published to mark Employee Appreciation Day. Over a quarter of workers surveyed said they plan to leave […]

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Growth in service sector picks up in February

The latest AIB Services Purchasing Managers’ Index (PMI) reveals that growth in the country’s service sector picked up in February. The business activity index rose to 58.2 last month, from 54.1 in January. Readings above 50 indicate overall growth in activity. “This is the highest reading since May and points to a robust rate of […]

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Inflation back up to 8% in February from 7.5% in January – CSO flash reading

The annual rate of inflation went back up to 8% in February, compared to 7.5% in January, according to an initial estimate from the Central Statistics Office. Energy prices fell but food prices continued to climb higher last month. Today’s CSO figures show that Ireland has become the latest euro zone country to record a […]

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