Author: splash

The euro zone’s vast industrial sector rebounded in June, giving overall growth a small boost to end an otherwise weak quarter on a positive note, data from Eurostat showed today. Industrial production in the 20 nations sharing the euro expanded by 0.5% on the month, beating expectations for a 0.2% rise. Gross domestic product was […]

Greenhouse gas emissions in the European Union fell by nearly 3% in the first quarter of 2023, even as the bloc’s economy grew slightly, statistics agency Eurostat said today. The EU’s emissions over the January to March quarter amounted to 941 million metric tonnes of CO2 equivalents, down 2.9% from a year earlier, while the […]

Residential property prices recorded their first monthly increase this year in June, growing by 0.6% compared to May, new figures from the Central Statistics Office show. But annual residential property price inflation slowed again to 2.2% in June from 2.6% in May, the CSO added. Property prices in Dublin were 0.9% lower on an annual […]

The stock of second-hand homes available on the market has reached a historic low, according to estate agents Sherry FitzGerald. Its analysis shows that there were 13,750 homes – excluding new builds – listed for sale in July, representing just 0.7% of the entire private housing stock in the country. Sherry FitzGerald says it amounts […]

A new consumer survey shows that 44% of respondents now work from home online at least one day a week. The Commission for Communications Regulation’s latest Broadband Connectivity consumer survey also shows that a third of respondents work from home online at least three days a week. ComReg noted that working from home online is […]

New figures from the Central Statistics Office figures show that the country’s unadjusted exports increased by €1.8 billion to €19.5 billion in June compared with the same time last year. When seasonally adjusted, exports of goods grew by more than €2.4 billion compared with May, the CSO said. Today’s figures show that unadjusted imports for […]

Growing and serious delays in the conveyancing process are leading to property sales falling through, estate agents are reporting. A survey conducted by the Institute of Professional Auctioneers and Valuers (IPAV) has found that four out of every five agents say they have seen sales fail because of the problem. 26% said it occurred frequently, […]

The Irish economy will continue to outperform its EU peers, according to the Mastercard Economics Institute, as consumer fundamentals remain strong. It said Irish consumers have been relatively resilient despite the huge inflation shock. A tight labour market with strong employment growth and historically low unemployment at 3.8% in June has supported the economy. Mastercard […]

The Government has announced plans for nine new apprenticeship programmes in the public service. If realised, the proposals will lead to the doubling of apprenticeship places in the public service including local authorities over the next two years. Currently there are around 373 such apprenticeships in operation, up 103 since 2021. The development of a […]

After having returned to growth in June, construction activity in Ireland saw a renewed decline in July, after the BNP Paribas Real Estate Purchasing Managers’ Index. It also highlighted the first fall-off in new orders in six months. John McCartney, Director & Head of Research at BNP Paribas Real Estate Ireland, said the decline in […]