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Average annual earnings rise by 3.3% to €38,871 in 2018

Average annual earnings rise by 3.3% to €38,871 in 2018 Average annual earnings increased by 3.3% to €38,871 in 2018 from €37,637 in 2017, new figures from the Central Statistics Office show. The CSO said this compares to an annual […]

Sterling bounces off five-month low against the euro after April pay data

Sterling bounces off five-month low against the euro after April pay data Sterling pulled away from five-month lows against the euro today after UK wages in the three months to April rose faster than expected. The pound has been on […]

Hoteliers call for urgent action on ‘unsustainable’ insurance costs

Hoteliers call for urgent action on ‘unsustainable’ insurance costs 62% of hoteliers have seen further increases in their insurance costs over the last 12 months, according to the Irish Hotels Federation. The Irish Hotels Federation said its research shows the […]

Construction activity growth eases to four-month low in May

Construction activity growth eases to four-month low in May Activity in the construction sector eased to a four month low in May, according to the latest Purchasing Managers’ Index from Ulster Bank. The Ulster Bank Construction PMI fell to 54.9 […]

New car sales slow again in May – CSO

New car sales slow again in May – CSO The number of new private cars licensed for the first time fell again in May as imports continued to rise, new figures from the Central Statistics Office show. A total of […]

IMF sees euro as undervalued, ECB policy support necessary – document

IMF sees euro as undervalued, ECB policy support necessary – document The International Monetary Fund believes the European Central Bank must maintain supportive monetary policy, an EU document seen by Reuters showed. The document anticipated the content of a report […]

Housing commencements rose by over 31% in Q1

Housing commencements rose by over 31% in Q1 New figures today show that the number of housing commencements rose by 31.6% in the first quarter of the year compared with the same time last year. The latest Housing Market Monitor, […]

ECB won’t raise rates until at least mid-2020

ECB won’t raise rates until at least mid-2020 The European Central Bank yesterday signalled that it would not raise interest rates until the first half of 2020. That compares to a previous guidance that pointed to a rate rise towards […]

Pound hits 20 week low against the euro

Pound hits 20 week low against the euro The pound dropped to a 20-week low against the euro amid weak UK data and growing fears of a disruptive Brexit weighing on the currency. The pound has dropped for four straight […]

Second call of online retail initiative opens

Second call of online retail initiative opens The Minister for Business, Enterprise and Innovation Heather Humphreys has opened the second call of Enterprise Ireland’s Online Retail Scheme. The Scheme, an initiative of the Government through Enterprise Ireland, offers a total […]

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