Economic Updates

July house price inflation moves into negative territory–but only just

16 September 2020

Prices increase 0.3% m/m but not enough to prevent y/y fall of 0.5%-the first annual drop in seven years continue reading

Comparatively modest Irish GDP drop understates Covid-19 economic fallout

07 September 2020

6.1% q/q Irish GDP fall in Q2 about half that seen elsewhere in Euro Area (-12.1%) and less than a third of UK (-20.4%) continue reading

Irish demographic data remain strong but show surprising drop in net inward migration

20 August 2020

Population growth of 1.1% compares to 0.2% for EU and 0.5% in UK and US. Somewhat surprising easing in net inward migration in past twelve months .. .. but balanced population growth suggests Ireland at demographic ‘sweet spot… ….which presents great opportunit... continue reading

Irish property prices still in positive territory in June

18 August 2020

Irish house price annual inflation rate marginally positive at 0.1% continue reading

Irish GDP data hint at less dramatic downturn in activity than feared

20 July 2020

Revised figures for 2019 and Q1 2020 show Irish economy on strong path before pandemic struck continue reading

Irish house prices soft but stable in May

15 July 2020

Soft to steady house price trends largely reflect pre-pandemic market conditions continue reading

Exchequer returns hint at less severe downturn and greater scope for stimulus

02 July 2020

Better than expected tax revenues suggest double digit economic decline can be avoided continue reading

May retail sales data highlight need for strong stimulus measures

29 June 2020

‘Surge’ in May retail sales represents very limited rebound from earlier losses continue reading

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