Category: Syndicated

Inflation remains at 38-year high of 9.1% in July – CSO

Consumer prices rose by 9.1% in the year to July, the same level of inflation as in June, the latest Central Statistics Office figures show today. This marked the first time since the start of the year that price growth has not accelerated on a year-on-year basis, the CSO figures show. Inflation is standing at […]

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Value of services increased in June – CSO

The value of services increased by 2% in June when compared to the previous month, according to new figures from the Central Statistics Office (CSO). The biggest monthly increases were recorded in the value of information and communication services, and accommodation and food services. Decreases were recorded in transportation and storage, other service activities, and […]

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Rising costs put consumers off sustainable goods – EY

More than two thirds of consumers are being put off buying sustainable goods due to the rising cost of living, according to a report by EY. Its survey of 18,000 global consumers found that nearly 80% were concerned about their finances, while more than 60% expected their living costs to rise further in the coming […]

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Mainstream Rewewable Power to create 100 jobs as it plans three offshore wind farms

Mainstream Renewable Power is to create 100 jobs in Dublin as it looks to develop three offshore wind energy projects in Ireland. The renewable energy firm is conducting early stage development activity in sites on the east, south-east and west coasts of Ireland, with “significant offshore wind energy developments” planned for each location. This would […]

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Goods exports rose 31% in record first half performance

The value of goods exported from Ireland rose by 31% in the first half of the year as the recovery from the pandemic gathered pace, new figures from the Central Statistics Office show. In total, goods worth €105bn were exported, up by €24bn on the same six-month period last year, marking a record first half […]

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Ireland’s gas demand up 5% in July despite warm weather

Despite the warmer weather, Ireland’s gas demand in July was up 5% on the previous month, according to new figures from Gas Networks Ireland. When compared to the same month last year, when public health restrictions were in place, demand was up 10%. Gas demand increased by 95% in the air travel sector when compared […]

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78% of workers want to stay working from home – new research

Large levels of working from home (WfH) were induced by social distancing and viral control measures undertaken to mitigate the Covid-19 pandemic. Representing an unpredicted change in the way large amounts of people undertake their day to day work, it is expected that the legacy of this event will have wide-ranging and long-lasting results in […]

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Will the 30% income tax rate make it into Budget ’23?

Ireland has what is generally regarded to be quite a progressive personal taxation regime. In other words, those who earn most pay the most, while the taxation burden on those with average incomes and below is considered to be relatively low. Some would like to see an even greater contribution from the wealthiest, but there […]

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Home prices equal 2007 peak for first time in June – CSO

Residential property prices returned in June to levels not seen since the credit-fuelled peak of 2007, after rising 14.1% on an annual basis, new Central Statistics Office figures show today. The 14.1% year-on-year growth in June was down from 14.4% in May, cooling slightly for the third successive month, the CSO said. Today’s figures show […]

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Gardaí warn of increased ransomware attacks on SMEs

The National Cyber Security Centre and the Garda National Cyber Crime Bureau are warning small and medium business owners of an increased threat of ransomware attacks. They also encouraged business owners to report the incidents to both the National Cyber Security Centre and gardaí. The National Cyber Security Centre and the Garda National Crime Bureau […]

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