Category: Syndicated

The number of people in employment rose by 3.5% in the year to December, according to the latest figures in the Labour Force Survey from the Central Statistics Office. The Labour Force Survey is the official source of data for employment and unemployment in Ireland. A total of 2,361,200 people were in employment at the […]

Sterling was slightly weaker today, though it maintained some gains above $1.30, after having its best week in two months as investors priced in looser financial conditions under Britain’s new finance minister.  Rishi Sunak was appointed on Thursday when incumbent Sajid Javid unexpectedly quit as Prime Minister Boris Johnson reshuffled his cabinet.  Boris Johnson wants […]

Ratings agency Moody’s has reaffirmed Ireland’s credit-rating, but has highlighted a range of possible risks to the health of the Irish economy. The organisation said it was keeping the Government of Ireland’s long-term issuer rating at A2. The ratings on the country’s senior unsecured bond, progamme and commercial paper ratings have also been left unchanged. […]

Oil prices rose today and were on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown.  Brent crude was up 57 cents or 1% at $56.91 a barrel this morning It […]

The country’s export levels reached record levels last year, according to the latest figures from the Central Statistics Office.  More than €152.5 billion worth of goods were exported last year, an increase of 8.5% on 2018 and the highest total on record.  The CSO noted that the largest category of exports was medical and pharmaceutical […]

The Paris-based Organisation for Economic Cooperation and Development has said that Ireland’s population will age more rapidly than most other countries over the next 40 years.   In a survey on the Irish economy published this afternoon, it also warns that future changes to international corporate tax rules could lower the attractiveness of Ireland to […]