At the moment our economy – and really the global economy – is largely linear. That means that we tend to have a straight line from raw materials being pulled out of the ground, made into a product, bought and used by consumers, and then ultimately dumped. Then the cycle starts again with some new […]
The number of professional job vacancies dropped by 2% between July and September, when compared to the previous three months. August was the strongest month of the period, with September recording a 16.7% decline in job opportunities as firms re-evaluated hiring needs, seasonal variations and continued economic uncertainties, according to the Morgan McKinley Quarterly Employment […]
Exports from Ireland dropped by 17% in August, driven by falls in sales of chemicals and related products, as well as electrical machinery, new figures from the Central Statistics Office show. In total €16 billion of goods left the country during the month, down €3.3 billion on August of last year. The biggest decline was […]
Grocery price inflation in the Irish market has fallen to a five month low, but prices are still going up steeply. That is according to the latest figures from data consultancy Kantar, which says grocery inflation here was 10.5% in the 12 weeks up to October 1. That rate is down on the previous period […]
Ireland’s pension system has improved slightly in the past year when compared with global peers, a new index has found. The Mercer CFA Institute Global Pension Index ranked Ireland’s retirement income system in 13th place, up one spot from a year earlier. It follows a modest increase in its index score, from 70 last year […]
A new report has suggested that Ireland’s economic growth will slow over the medium to long-term due to a range of factors, including the ageing of the population. The research, produced by the Department of Finance and the International Monetary Fund, predicts that the pace of growth of Modified Gross National Income or GNI*, which […]
Irish households are being urged to begin a collective clear-out of small electronic waste this weekend, after a United Nations study showed Irish consumers generated 11 million kilos of electronic waste last year. This is equivalent to 25 million items containing precious and valuable metals. Waste Electrical and Electronic Equipment Ireland says this equates to […]
The latest progress report on the First Home Scheme shows that 2,598 buyers have been approved and 699 homes already bought using the scheme since it was launched in July 2022. The First Home Scheme was a €400m fund set up to help first-time buyers to bridge the gap between their mortgage, deposit and the […]
The annual rate of inflation rose again in September to 6.4% compared to an annual rate of 6.3% in August, new figures from the Central Statistics Office show today. The main drivers of inflation last month were increases in mortgage interest payments, clothing and footwear and home heating oil. Mortgage interest payments rose by 6.3% […]
Online and mobile banking payments are continuing to grow in the country while usage of cheques has dropped to the lowest level since 2008. That is according to latest figures from the payments monitor of Banking & Payments Federation Ireland. It finds online and mobile banking payments have jumped 60% since 2018, while the use […]
