Category: Syndicated

Revenue warns of potential extra costs when buying goods online

Revenue has warned shoppers to check whether the advertised price of online goods includes all tax and duty costs due before deciding to buy. It said where the price of the goods advertised seems attractively low, this may be because tax and duty costs are not reflected in the price advertised. Additional charges, including VAT […]

Continue Reading

Euro zone inflation revised marginally lower, but still at record high

Eurostat confirmed that inflation in the euro zone rose by 1.5% on a monthly basis to give a 10.6% annual increase This marked a revision from the 10.7% annual reading reported previously. Eurostat confirmed that inflation in the euro zone rose by 1.5% on a monthly basis to give a 10.6% annual increase This marked […]

Continue Reading

Wind was biggest single electricity source in October

High winds for weeks meant 45% of the country’s electricity last month came from wind, setting a new record. This meant wind was the biggest single contributor to Ireland’s power needs during the month. However, the unpredictable nature of the source was exposed with wind generating as much as three quarters of our needs on […]

Continue Reading

European car sales grow in October – ACEA

European new car registrations jumped in October, data from the region’s carmaker association showed today. The number of new vehicles registered in the European Union, Britain and the European Free Trade Association (EFTA) grew by 14.1% to 910,753 units, the European Automobile Manufacturers Association (ACEA) said. In the EU, the rise was 12.2%. Article Source […]

Continue Reading

European car sales grow in October – ACEA

European new car registrations jumped in October, data from the region’s carmaker association showed today. The number of new vehicles registered in the European Union, Britain and the European Free Trade Association (EFTA) grew by 14.1% to 910,753 units, the European Automobile Manufacturers Association (ACEA) said. In the EU, the rise was 12.2%. Article Source […]

Continue Reading

Property price growth slows to 10.8% in September – CSO

New figures from the Central Statistics Office show that annual property price growth slowed to a 14-month low in September. The CSO said that residential property prices eased to 10.8% in September from 11.9% in August and down from a 2022 peak of 15.1% in February. Prices in Dublin rose by 9.4% and prices outside […]

Continue Reading

Toll charges rising to ‘maximum level’ from January

Toll charges on most toll roads around the country are to increase to their “maximum level” from 1 January 2023. The price hikes are linked to the current rate of inflation, which has increased by 8.6% between August 2021 and August 2022. The tolls cannot be increased beyond this rate. There are 10 toll roads […]

Continue Reading

Battery storage could cut electricity bills by €35m this winter

Operators of battery storage power plants say they could cut up to €35m off energy bills on the island of Ireland this winter if they were allowed to sell electricity onto the wholesale market. At the moment the energy storage plants are kept in reserve to provide emergency back up for the power grid. The […]

Continue Reading

Business growth slows amid rising costs

While businesses are still expanding, new data from Intertrade Ireland shows that the pace of growth is slowing as companies feel the pressure of rising prices. The latest Intertrade Ireland business monitor reveals that 21% of firms surveyed said their business was in decline in the third quarter of this year, compared with 18% during […]

Continue Reading

Govt to keep cost-of-living payments under review – McGrath

The Government will keep the payments to help people deal with the escalating cost of living under review, Minister for Public Expenditure Michael McGrath has said. “We will consider the circumstances that we face as we go through next year. We are seeing the economic winds change there is a certain amount uncertainty,” he said […]

Continue Reading