The News

Estate agents expect house prices to rise by 5% in next year

Estate agents who are members of the Society of Chartered Surveyors Ireland (SCSI) expect national property prices to increase by an average of 5% over the next 12 months, a dip from the 6% forecast in January. According to the latest SCSI Residential Mid-Year Market Monitor, more than half of agents believe the key factor […]

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Flogas to increase variable electricity charges from August

Energy company Flogas is to increase its variable electricity charges by around 7%, with effect from 25 August. Flogas said this marks its first price increase in three years and comes after a 15% reduction in its electricity rates last year. The company said its residential natural gas customers are unaffected by the price hike. […]

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Consumer sentiment drops to near two-year low in July

Consumer sentiment fell to a near two-year low in July as concerns about the cost of living and tariffs on European Union exports to the US weighed, a survey showed today. The Credit Union Consumer Sentiment Survey slipped to 59.1 in July from 62.5 in June, nearing April’s two-year low of 58.7. The reading is […]

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ECB keeps rates steady as trade conflict clouds economic outlook

The European Central Bank left interest rates unchanged today after cutting eight times in a year, biding its time while Brussels and Washington negotiate over trade. The ECB cut its policy rate to 2% last month, halving it from 4% a year earlier, after taming a surge in prices that followed the end of the […]

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