The News

Interest rate on new mortgages dips in October – Central Bank

The average interest rate on new mortgages in Ireland eased very slightly in October, new data from the Central Bank shows. But at the same time the average interest rate offered on term deposit accounts rose to its highest level in 14 years. At the end of the month, the average rate on new mortgages […]

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House price growth picks up to 2.3% in October – CSO

Residential property price growth picked up on a yearly basis for the second month in a row in October, Central Statistics Office figures showed today. Prices for residential property increased by 2.3% in October compared with a near three-year low of 1.1% two months earlier. Prices had risen by 1.4% in September. Property price growth […]

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Retail Ireland predicting extra €1.1bn spend in December

Retailers are predicting an increase in household spending in the run-up to Christmas, despite cost-of-living pressures and the difficult economic backdrop for many. Retail Ireland, the Ibec group representing the sector, is expecting that on average each household in Ireland will spend €1,019 more during December compared to other months of the year. That represents […]

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Grocery price inflation falls again to 8.6%

Grocery sales are expected to exceed €1.4 billion for the first time ever in December, according to the latest predictions from Kantar. New figures from Kantar today show that take-home grocery sales increased by 7.2% in the four weeks to November 26. Kantar noted that shoppers visited stores more often in November, making an average […]

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Talks on fish quotas resume in Brussels

Talks between EU fisheries ministers to finalise quota arrangements for national fishing fleets for 2024 have resumed in Brussels Talks were suspended last night with firm proposals for most stocks but no political sign off. Irish sources report both positive and negative decisions on some of the stocks important to Ireland’s fishers, and also some […]

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