Annual euro zone inflation eases 2.2% in March
New figures from Eurostat, the statistical office of the European Union, show that euro area annual inflation fell to 2.2% in March from 2.3% in February. Euro zone ...
Annual house price growth slows to 8% in February – CSO
Residential property prices are up 8% in the 12 months to February 2025, according to the latest figures from the Central Statistics Office. It means the cost buying ...
European Central Bank expected to cut interest rates for seventh time in a year
The European Central Bank is widely expected to cut interest rates by one-quarter of a percentage point later today. The development follows the latest inflation figures, for countries ...
Government urged not to overly delay pension auto-enrolment
The Government is being urged not to defer the deadline for auto-enrolment of workers into pension schemes beyond early 2026. The deadline is set to be pushed by ...
Pharmaceutical exports jump by 146% in February – CSO
Preliminary figures from the Central Statistics Office show that exports of medical and pharmaceutical products jumped by €9.2 billion, or 145.7%, to €15.6 billion in February on the ...
Gas use increases in March as weather shifts and wind energy output falls
Overall gas demand in March rose by 13% compared to February, and by 4% compared to the same month last year, new figures from Gas Networks Ireland show ...
Stronger economic growth in ROI compared to NI – study
The Republic of Ireland has higher wages, stronger economic growth and better living standards than Northern Ireland, according to a new study by the Economic and Social Research ...
Oil edges up on potential US tariff exemptions on cars
Oil prices inched higher today, supported by new tariff exemptions floated by US President Donald Trump and a rebound in China crude oil imports in anticipation of tighter ...
Calls for investigation into axed golden visa scheme
A golden visa scheme giving residency in Ireland and access to Europe has generated €500 million since it was axed by the Government two years ago. However the ...
EU should ‘be careful’ in tariff talks with US – Chambers
Minister for Public Expenditure Jack Chambers has said that the European Union needs “to be careful about what we put on the table” in tariff negotiations with the ...
US exempts smartphones, computers from global tariffs
The US government has granted tariff exclusions for smartphones, computers and other electronics imported largely from China, sparing them from President Donald Trump’s steep 125% reciprocal duties. In ...
Hybrid work critical for workplace wellness, survey finds
New research from Ibec shows that flexible or hybrid working arrangements remain a critical factor for employee workplace wellness. The survey of more than 1,000 people found that ...
Annual inflation rises to 2% in March – CSO
New figures from the Central Statistics Office show that the country’s inflation rate rose to 2% on an annual basis in March compared to 1.8% a month earlier. ...
Oil prices set to drop for a second week over US-China trade war concerns
Oil prices rose today after settling more than $2 a barrel lower in the previous session, but were set to drop for a second week in a row ...
First time buyers struggling to save a deposit – PTSB research
A new survey of homeowners, renters and prospective buyers reveals a big jump in younger age groups saying they are considering applying for social housing in response to ...
Tariff supports have to be ‘sustainable’ – Taoiseach
Taoiseach Micheál Martin has said any supports to help businesses affected by US tariffs needs to be “financially sustainable” in the medium and long-term. He was responding to ...
Stocks tumble again as US hits China with 104% tariffs
European and Asian stocks extended a slide on Wall Street this morning as President Donald Trump pressed ahead with whopping 104% tariffs on Chinese goods, pummelling oil prices ...
Oil falls to lowest since February 2021 as Trump’s tariffs take effect
Oil prices fell for a fifth day to their lowest since February 2021 today on looming demand concerns fuelled by an escalating tariff war between the US and ...
Grocery sales in Ireland increase by 3.4% in March
New figures today show that take-home grocery sales in Ireland increased by 3.4% over the four weeks to March 23 compared to the same time last year. Kantar ...
Construction activity rises amid stronger new order growth – AIB PMI
Construction activity rose in March – the first increase in total activity in three months – amid stronger new order growth, the latest Purchasing Managers Index from AIB ...
Trade war threat to impact housing market this year – report
The threat of a trade war will influence how the housing market will perform this year, according to a new report by property website MyHome.ie, in association with ...
EU response to Trump tariffs could amount to €400bn
The total European Union response to US President Donald Trump’s tariffs could amount to duties on US goods worth €400 billion, RTÉ News understands. This would represent retaliation ...
World markets dive on trade war gloom
European markets plunged this morning as investors grappled with the possibility of a recession after sweeping tariffs announced by US last week. US President Donald Trump showed no ...
Oil tumbles further as US-China trade tensions fuel recession fears
Oil prices slid more than 3% today, extending last week’s losses, as escalating trade tensions between the US and China stoked fears of a recession that would reduce ...
Tax take to end of March up nearly 9% on same period last year
Tax receipts in the first three months of the year were up 8.9% on the same time last year. Figures from the Department of Finance show the tax ...
Tax waivers, grants could bring vacant properties into use, says group
Vacant properties and above-the-shop units could provide an answer to the housing crisis, according to the Hardware Association of Ireland. It estimates that there are at least 20,000 ...
Trump tariffs provoke condemnation as recession fears grow
Countries around the world have threatened to wage a trade war with the United States as President Donald Trump’s sweeping tariffs fed expectations for a global downturn and ...
Govt expects US measures on pharma sector, says Tánaiste
The Government’s “working assumption” is that there will be further US tariffs focused on pharmaceuticals, Tánaiste Simon Harris has said. The sector received an exemption from a sweeping ...
EU chief says new US tariffs are ‘major blow to world economy’
European Commission President Ursula von der Leyen has said that US President Trump’s universal tariffs are a major blow to the world economy, which she said will suffer ...
Services sector posts robust growth in March, PMI shows
The country’s services sector expanded at its fastest pace this year in March, driven by a sharp increase in new business and employment, according to a survey released ...
‘All options are on the table’ in US tariffs response – EU chief
European Commission President Ursula von der Leyen has warned “all options are on the table” in response to US President Donald Trump’s tariffs threats, saying while the EU ...
Unemployment edges up from record low to 4% in March – CSO
New figures from the Central Statistics Office show that the unemployment rate rose slightly to 4% in March from a record low of 3.9% a month earlier. The ...
Small rise in claims submitted to injuries board in 2024
The number of personal injuries claims submitted to the Injuries Resolution Board last year rose by 1% to 20,318 when compared with 2023 – but still remain well ...
Price of gold rises to near record high as US tariffs loom
The price of gold has been rising on global markets to near record highs. This time last year, gold prices on international markets were trading at below $2,000 ...
Low earners took on debt to cope with cost of living – ESRI
Most low-income households had to make high-risk changes to their finances to cope with the cost of living crisis, according to the latest ESRI research. Typical changes included ...
Irish household’s net wealth reaches €1.2 trillion
The net wealth of Irish households has reached €1.2 trillion, of which €812 billion is property wealth The new Goodbody Guide to Inheritance and Estate Planning, published today, ...
Minister to allocate €436m for social housing needs
Minister for Housing James Browne is to allocate €436m for social housing needs this year. This includes capital funding allocations of €325m to be used by local authorities ...
Driver number needed for new car insurance from today
The new legal requirement for motorists to provide their driver number when renewing or taking out motor insurance is in effect. It is now an offence for any ...
Previous earnings to be linked to new jobseeker’s payment
A new jobseeker’s payment that is linked to a person’s previous earnings is due to begin. People who become unemployed, and who have at least five years’ paid ...
Donohoe ‘extremely concerned’ over potential impact of tariffs
The Minister for Finance has said he is “extremely concerned” about the potential impact of proposed United States tariffs on pharmaceutical exports, warning they could deliver a major ...
Average first time buyers and mover purchase values hit record levels – BPFI
New figures from Banking & Payments Federation Ireland show that first time buyer and mover purchase values reached their highest levels on record at €322,050 and €375,495 respectively ...
Average price of second-hand home in Dublin nears €600,000
A new property survey for the first quarter of this year shows that the average price of a resale property in Dublin stands at €593,936, an increase of ...
ESRI says ‘clear need’ for reform of rent controls
The Economic and Social Research Institute has said there is a “clear need” for reform of rent controls. In its Quarterly Economic Commentary, the ESRI said the existing ...
‘Ireland was very smart’ – Trump cites pharma tariffs
US President Donald Trump has said the US will be introducing tariffs on pharmaceuticals, specifically citing Ireland among the countries where many pharmaceutical products are made. Speaking in ...
Deadline for Irish workers to top up UK pension looms
Thousands of Irish people who worked in the UK and paid the equivalent of our social insurance, could be entitled to access a British pension. More than 250,000 ...
Over half of complaints to FSPO in 2024 related to banking
Just over half (3,404) of the 6,185 complaints made to the Financial Services and Pensions Ombudsman (FSPO) last year were about banking, with customer service and disputed transactions ...
Energy transition could generate €19 billion a year – SEAI
A new report from the Sustainable Energy Authority of Ireland (SEAI) estimates that Ireland’s energy transition will drive up to €19 billion per year of new business by ...
ECB rates could fall to 2% by end of summer, Villeroy says
There is still room to lower European Central Bank interest rates further, and the 2.5% deposit rate could fall to 2% by the end of the summer, French ...
Central Bank announces new consumer protection code
The Central Bank has published a new consumer protection code aimed at modernising the set of rules that businesses must abide by when dealing with consumers. The regulator ...
Asking prices for homes rise by average of 3.7% in first quarter – report
Asking prices for homes nationally rose by an average of 3.7% during the first three months of 2025, according to the latest Daft.ie House Price Report. The study ...
Electricity demand set to grow 45% between now and 2034
The body which manages the electricity grid says demand is expected to grow by 45% from its 2023 level to 2034 and the peak requirement for power will ...
ECB board member makes case for more interest rate cuts
The case for another European Central Bank interest rate cut is strengthening, ECB board member Piero Cipollone said today, just days after another prominent policy dove made a ...
Euro zone economy growth accelerates to seven-month high in March, PMI shows
Euro zone business activity grew at its fastest pace in seven months in March, supported by an easing in the long-running manufacturing downturn despite slower growth in services, ...
Land, capital and labour issues must be addressed to increase housing output – BPFI
At least half of housing commencements in 2024 were due to uncertainty over the extension of the development levy waiver or water connection charge refund, according to the ...
US Fed holds interest rates steady as expected, as Trump tariff fears buffet markets
The Federal Reserve held interest rates steady today, as expected, but US central bank policymakers indicated they still anticipate reducing borrowing costs by half a percentage point by ...
Residential property prices up 8.1% in 12 months to January
Property prices rose by 8.1% in the 12 months to January this year, according to the latest figures from the Central Statistics Office. The cost of buying a ...
Commercial vacancy rate reaches highest level at 14.5%
The national commercial vacancy rate has reached its highest level on record at 14.5%, according to the latest GeoDirectory Commercial Buildings Report. The report, prepared by EY, shows ...
Central Bank reduces forecast for economic growth due to rising uncertainty
The Central Bank has reduced its forecast for economic growth for this year due to rising uncertainty caused by the trade war between the US and EU. It ...
NTMA to raise €1 billion in bond auction this week
The National Treasury Management Agency will seek to raise €1 billion in nine and 12-year debt in its first bond auction of the year on Thursday, the National ...
Irish exports to US jump by 81% in January – CSO
There was an 81% surge in Irish exports to the US in January compared with the same month a year earlier, according to the Central Statistics Office. Total ...
Safe-haven gold rises above $3,000 for the first time
Gold pierced through the psychological milestone of $3,000 an ounce today for the first time, building on an historic rally as trade tensions and US rate cut bets ...
Minister to travel to US for negotiations on tariffs
Minister for Agriculture Martin Heydon has said he will lead a “full trade mission to the United States” next month. It comes after US President Donald Trump increased ...
Euro zone banks must get into habit of tapping ECB for cash, ECB argues
Euro zone banks need to get into the habit of tapping the European Central Banks for cash, preparing for the continued decline in excess liquidity in the banking ...
Annual inflation eases to 1.8% in February – CSO
New figures from the Central Statistics Office shows that inflation eased to an annual rate of 1.8% in February from a rate of 1.9% in January. Today’s figures ...
AI expected to add €250 billion to Ireland’s economy by 2035 – report
A new report by Microsoft and Trinity College Dublin is projecting that the adoption of artificial intelligence (AI) could add €250 billion to Ireland’s economy, as measured by ...
Overall card spend in February up 10% on last year
The latest AIB Spend Trend report shows that Storm Éowyn led to an exceptionally quiet day for spending on Friday 24 January. AIB said the number of in-store ...
Irish mortgage rates edge higher in January despite ECB cuts
New figures from the Central Bank show that the average interest rate on new Irish mortgages rose to 3.82% in January from 3.8% in December despite recent rate ...
Number of apartments granted planning permission down 39% last year – CSO
New figures from the CSO show that the number of planning permissions granted for apartments fell by almost 39% last year when compared to 2023. The data from ...
EU to impose counter tariffs on €26bn worth of US goods
The European Union will impose counter tariffs on €26 billion ($28bn) worth of US goods from next month, the European Commission said, ramping up a global trade war ...
Almost three-quarters of workers aspire to retire by age 60 or sooner
Almost three-quarters of Ireland’s working population would like to retire by age 60 or sooner, according to new research. The latest Retirement Aspirations survey commissioned by pension company ...
Employment in construction down in February
Employment fell in the construction sector last month, ending a five-month period of jobs growth. The AIB Ireland Construction PMI report in February shows staffing levels were scaled ...
Taoiseach to pitch Trump on ‘two-way street’ of US-Irish investment
Taoiseach Micheál Martin will tell US President Donald Trump that there is a “two-way street” of investment between the US and Ireland, as a trade imbalance between the ...
Euro zone 2024 economic growth revised up to 0.9%
The euro zone economy grew by 0.9% in 2024, revised data showed today, higher than a previous estimate of 0.7%. The EU’s official statistics agency also revised growth ...
More than 70% of Irish adults targeted by scam communications monthly – research
More than three quarters (78%) of Irish adults are being targeted with scam text messages, emails, phone calls or online content at least once a month, according to ...
Airport strike to all but freeze German air travel today
More than half a million people are facing travel disruption at German airports today where a 24-hour strike has led to thousands of flight cancellations in a dispute ...
Domestic economy posts ‘healthy’ growth of 2.7% in 2024 – CSO
The domestic economy grew by a healthy 2.7% last year, according to the latest figures from the Central Statistics Office. Gross Domestic Product, which includes the multinationals activity, ...
Trump signs order to establish strategic bitcoin reserve
US President Donald Trump yesterday signed an executive order to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White ...
Steady growth in mortgage approvals continued in January – BPFI
January saw the first year-on-year decline in first-time buyer approval volumes since June 2024, new figures from Banking & Payments Federation Ireland show today. Today’s figures show that ...
Tax receipts in year to February up 12% on last year
Tax receipts in the first two months of this year are up 12% on the same time in 2024, indicating that the economy continues to power ahead. In ...
Govt ‘scenario planning’ for effects of US tariffs on EU
The Government is scenario planning for effects of tariffs being imposed on goods from Ireland by the Trump administration, according to the Minister for Public Expenditure Jack Chambers. ...
People look to new backup power sources after Storm Éowyn
The damage wreaked by Storm Éowyn in January has caused many home and business owners to look at other sources of backup power for the next big storm. ...
No sign of increased house or apartment building
New figures from the Central Statistic Office show there is no sign of an increase in the building of houses and apartments. Residential construction declined by 0.1% in ...
Irish companies warned to prepare for possible US tariffs
The Irish Exporters Association has warned companies to prepare for the possibility of tariffs being imposed on exports from the EU to the US. The CEO of the ...
Services growth eases slightly in February, PMI show
Growth in the country’s services sector eased slightly in February, with both total activity and new business expanding at the weakest rate for more than a year, a ...
Retail sales down 0.5% on a monthly basis in January – CSO
Retail sales fell by 0.5% month-on-month in January and by 0.3% year-on-year, new figures from the Central Statistics Office show today. The CSO said that excluding car sales, ...
Taoiseach to raise US tariffs during White House meeting
Taoiseach Micheál Martin has said he will tell US President Donald Trump that tariffs could cause damage to a “small open economy” like Ireland when the two men ...
Inflation at 1.3% in February, CSO’s flash estimate shows
Consumer prices rose by 1.3% year-on-year in February compared to a 1.5% rise a month earlier, a flash estimate of the Harmonised Index of Consumer Prices from the ...
ECB accounts show lingering inflation worries
Euro zone inflation was heading back to target but there were still some worries about inflation, warranting caution in signalling further policy easing, the ECB concluded last month, ...
‘Step-by-step’ approach to be taken on Trump’s EU tariffs, says Taoiseach
Ireland will take a “step-by-step” approach in response to any trade tariffs imposed on the EU by US President Donald Trump, Taoiseach Micheál Martin has said. Mr Martin ...
Bitcoin slides more than 5% to lowest since November
Bitcoin fell to a three and a half month low today, dragged by uncertainty about US President Donald Trump’s tariff plans and crypto policy and flagging investor confidence ...
