Ireland has breached EU limits on four key tests of economic stability, new figures from the Central Statistics Office show. The Macroeconomic Scorecard, compiled by the CSO, is part of a system introduced by the European Commission during the financial crisis to flag imbalances in member state economies. The number of breaches is down from […]
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The German economy escaped a recession in the third quarter as strong consumer spending helped output grow 0.1% quarter-on-quarter, defying expectations of a contraction, preliminary data showed today. Gross domestic product in Europe’s largest economy expanded by 0.5% from July to September after a 0.3% expansion from April to June. This is according to seasonally adjusted […]
The number of new homes which have commenced construction in September was 28% higher than in the same period last year. Figures published by the Department of Housing show that 26,106 Commencement Notices were recorded in September. The figure for the three Dublin local authorities was 8,714 (up 23%), while the Mid-East Region comprising counties Meath, […]
The rate of rental inflation dropped to its lowest level in six years in the third quarter of this year, the latest report from property website Daft.ie shows. Daft said that the average rent across the country rose by 5.2% – the smallest increase since the second quarter of 2013. However the average monthly […]
The UK economy grew at the slowest annual rate in nearly a decade in the three months to the end of September, as a global slowdown and Brexit worries hit business investment and manufacturing. Year-on-year gross domestic product growth slowed to 1% from 1.3% in the second quarter, Britain’s Office for National Statistics said. This […]
The annual cost of owning and maintaining a family home has risen by over €1,000 a year, with the average homeowner now spending over €17,000 on their home. This is according to the latest “Cost of Running a Home” analysis from AA Home Insurance. Research from the insurance intermediary has found that the cost of […]
Activity in the construction sector fell at the sharpest rate since June 2013, according to the latest Ulster Bank Purchasing Managers Index. Activity in the construction sector fell at the sharpest rate since June 2013, according to the latest Ulster Bank Purchasing Managers Index. The index, which tracks changes in total construction activity, fell to […]
Energy costs here fell by 4% in October, driven by weaker oil prices the latest Bord Gáis Energy Index has found. Oil fell by 3% over the period because of lower demand caused by the weakening global economy and despite the attack on Saudi oil infrastructure in the middle of September. Because oil makes up […]
Revenue is writing to 130,000 PAYE taxpayers who have paid tax but have not claimed any additional tax credits or reliefs in the last five years, to remind them that there is a four-year time limit for claiming a refund of tax. Revenue has issued letters over the last few years to assist taxpayers in […]
Corporate insolvencies fell by a fifth between July and the end of September when compared to the same period last year. Corporate insolvencies fell by a fifth between July and the end of September when compared to the same period last year. That’s according to new data from Deloitte, which says the steady trend of […]
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Fed cuts rates but sees slower pace of further reductions December 19, 2024
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Park House,
Main Street,
Loughrea,
Co. Galway.
EirCode: H62 HX65
Telephone: +353 (0)91 841518
Mobile: +353 (0)86 2550866
Fax: +353 (0)91 842663
Email: michael@michaelfdolan.ie
Web: www.michaelfdolan.ie
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