Category: Syndicated

Remote and hybrid job posts up 43%

Irish job posts offering remote and hybrid work have increased by 43% over the last 12 months according to a new study. The report has been published by Zoom in collaboration with FRS Recruitment. A snapshot of hybrid and remote work opportunities advertised between October 2021 and October 2022 shows that 33% of all job […]

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Euro zone inflation falls sharply in December but offers ECB little respite

Euro zone inflation fell by more than expected last month but underlying price pressures rose, making it likely the European Central Bank will continue raising interest rates for months to come. Consumer price growth in the bloc that expanded to 20 nations when Croatia joined on 1 January, slowed to 9.2% in December from 10.1% […]

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Inflation hit a 38 year high in 2022 but economy strong – CSO

The Central Statistics Office has published an online compilation of significant statistics about the economy and business recorded last year. The report notes that inflation reached a 38 year high in 2022, with the annual rate peaking at 9.2% in October before falling slightly in November. This was based on big increases in energy prices […]

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Euro zone producer prices fall as expected in November

Euro zone producer prices fell month-on-month as expected in November, the EU’s statistics office said today, pulled down by falling costs of energy. The European Union’s statistics office Eurostat said prices at factory gates in the 19 countries sharing the euro fell 0.9% month-on-month for a 27.1% year-on-year rise. The monthly fall was mainly due […]

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Flexible working hours good for business – UN

Flexible working arrangements like those introduced during the Covid-19 crisis are not only good for employees but also boost productivity and potentially a business’s bottom line, the United Nations said today. In its first report focusing on work-life balances, the UN’s International Labour Organization evaluated the effects of working time, working hours and working time […]

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Euro zone recession may not be as deep as expected – PMI

Euro zone business activity contracted less than initially thought at the end of last year as price pressures eased, according to a survey which suggested the bloc’s recession may not be as deep as expected. S&P Global’s final composite Purchasing Managers’ Index (PMI) for the euro zone, seen as a good gauge of economic health, […]

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Exchequer collected record €83bn in tax last year

The Exchequer collected a record €83.1 billion in tax last year, according to figures published this evening by the Department of Finance. That is €14.7 billion ahead of the previous record set in 2021, an increase of 21.5%. The increase is put down to higher levels of corporation tax, income tax and VAT. The figures […]

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Services sector growth picks back up in December

Expansion in the services sector picked up in December following four months of slowing growth in a row to push overall activity in the private sector back into positive territory, a survey showed today. The AIB S&P Global Purchasing Managers’ Index (PMI) for services rose to 52.7 from 50.8 in November. It had come close […]

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105,253 new cars registered in 2022, down 10% on 2019

105,253 new cars were registered last year, up marginally on 2021, but down 10% on the pre-Covid levels recorded in 2019. The figures from the Society of the Irish Motor Industry (SIMI) reveal that 15,678 electric vehicles were registered throughout 2022 – up over 80% on the previous year and 355% higher than 2019. Petrol […]

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Croatia joins the Euro and enters Schengen area

Croatia has switched to the Euro and entered Europe’s passport-free zone – two major milestones for the country after joining the European Union nearly a decade ago. At midnight (23.00pm on Saturday Irish time) the Balkan nation bid farewell to its kuna currency and become the 20th member of the Eurozone. It is the 27th […]

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