April exports surge to record

Exports surged to a record high in April as the economic recovery continues to be led by demand out of the UK and US, official figures have shown. Economists have said that the slump in the value of the euro […]

FDI flows driving recovery ‘can’t be taken for granted’

Ireland is attracting huge amounts of inward foreign investment, but the country can not take for granted that the flows that helped drive the economy out of crisis will be repeated, a leading economist has warned. Davy Stockbrokers chief economist […]

Inflation falls, but fuel costs may rise

Official inflation figures published yesterday show that prices of goods in the economy continued to fall, but there were signs that the dampening effect of the collapse in oil prices is coming to an end. The CSO consumer price figures […]

Our inheritance tax regime one of toughest in the world

Ireland has one of the most severe inheritance tax regimes in the western world, according to key US economic think tank. The rate that the tax is imposed at is the seventh highest in the countries that are members of […]

Insurance, rent and water charges hit homes – but overall prices drop

THE cost of insurance and rents rose last month, with the introduction of water charges hitting costs household costs. But despite the sharp increases in these costs for households overall prices were muted in May. The Central Statistics Office (CSO) […]

Increase in factory output led by traditional sector

The run of positive indicators for the economy has continued, with official figures published yesterday showing another large increase in output from Irish factories in April. The CSO said that production rose in the month by 1.7% from March and […]

Jobless rate decline ‘will not match level of growth’

Unemployment may not fall as rapidly in the coming years as implied by the huge growth numbers in the economy, according to the Economic and Social Research Institute. The think-tank yesterday forecast very large growth rates and projected that the […]

ESRI: Negative equity ‘could be over’ by 2017

The number of households in negative equity is falling rapidly and could fall to zero as early as late 2017, such is the unexpected pace in house price rises, says the country’s leading think-tank. The Economic and Social Research Institute […]

Signs two-tier economic growth ending

More jobs are being created outside the Dublin region as the economic recovery broadens and finally spells an ending to the two-tier economy, according to two surveys published today. Utilities such as electricity and gas are hiring strongly, most sectors […]

EU heavyweights’ tax loopholes targeted

The EU stepped up a probe into tax loopholes for multinational companies, demanding details of specific agreements in 15 nations including euro-area heavyweights Germany, France and Italy. Regulators also issued an ultimatum to Poland and Estonia for failing to hand […]

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