The News

Residential property prices rose 3.6% in April

Residential property prices nationally rose in April by 3.6% on an annual basis, according to the CSO. This compares to an annual rate of 4% in March. Prices nationally were static over the course of April. Prices have been falling slowly in Dublin since October. They are down 2% over the past three months but […]

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AIB increases interest rates for deposit holders

AIB and EBS have increased their interest rates on a number of deposit accounts to 2%. The 2% rate will apply to its regular online saver, its AIB Junior and Student saver and the EBS Family saver accounts. But it will only apply to the first €1,000 per month for 12 months. After this period, […]

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US Fed expected to leave rates unchanged

The US Federal Reserve is expected to leave interest rates unchanged today for the first time since the US central bank kicked off a historically aggressive round of monetary policy tightening in March last year. Many analysts and investors are calling it ‘a skip’ as they expect the Fed will skip a hike this time. […]

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Data centres needed as economy ‘tech-centred’ – Martin

Tánaiste Micheál Martin has said Ireland is a “technology-centred economy” with a need for further data centres. He was responding to reports of concern over a surge in energy use by data centres. Yesterday, the CSO said data centres increased their power consumption by 31% and now account for 18% of electricity used. This industry […]

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Prices paid for farmers’ produce drop 2.2%

Returns to farmers for their produce have fallen overall from March to April this year, according to the latest figures from the CSO. Output prices for produce fell 2.2%, heralding a general decline in returns to most farmers. Dairy farmers in particular experienced a price fall 8.6% in the month, as processors have pulled back […]

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