Economic
Home prices rise by 10%, while employment accelerates in Q3
New data published by the Central Statistics Office (CSO) show that employment accelerated in Q3, while home prices continued to grow in double digits in September. The Irish economy...
General election: incumbents target an increased vote share
We have commissioned Professor David Farrell to undertake a review of the current political backdrop in Ireland in advance of the general election which will be held on November 29th....
Election campaign in full swing as manifestos published
With the general election taking place next week, nearly all major parties have published their manifestos as polling data continues to favour the main incumbents, Fine Gael and Fianna...
Housing set to remain a key general election issue in Ireland
Ireland’s general election will be prominent in media headlines for the remainder of this month. An opinion poll published over the weekend continues to give an advantage to the main...
Ireland’s Exchequer begins to receive back-taxes from Apple
While October is not a crucial month for the Irish Exchequer, volatility of recent years continued with a near-trebling of corporation tax. This was driven by the first arrival to the...
Revising down our housing completions forecast for 2024
Despite an improvement on H1 2024, this morning’s update for housing completions in Q3 marks an inopportune pre-election result for the government. Output over the past four quarters...
Tax receipts continue to signal rapid economic growth
September’s tax receipts continue to support our view that the economy is on course to grow by at least 4.5% this year. However, the expansionary nature of Budget 2025 and higher...
Irish residential property prices rise for the first time in six months
Yesterday’s Residential Property Price Index (RPPI) for June rose by 0.6%, the first gain since December after five consecutive months of decline. Prices rose by 0.3% in Dublin, breaking...
Invest, invest, invest: Labour’s plan to restore UK growth
Labour’s first Budget since 2010 was delivered this afternoon by Chancellor Rachel Reeves. Higher investment has been facilitated by a new fiscal rule targeting a broader measure of...
Grounds for optimism about the UK economy in H2 2024
The UK economy was flat in June and grew 0.6% in Q2, in line with consensus forecasts. However, we believe there are grounds for optimism heading into the second half of the year....
UK services inflation slows in July
UK inflation was lower than expected in July, driven by slower services inflation, which grew 5.2% in year-on-year (yoy) terms. This supports the view that disinflation is progressing and...
Services inflation stays high at 5.7% in June
UK consumer price inflation (CPI) grew 2% year-on-year (yoy) in June. Services inflation has been in focus ahead of the Bank of England’s next monetary policy meeting on August 1st....
