News
Central Bank cannot consider genocide risk when deciding to approve Israeli bonds, Gabriel Maklouf tells committee
1+ hour, 17+ min ago (399+ words) Governor of the Central Bank of Ireland Gabriel Maklouf said that genocide was a legal term and it was for the International Court of Justice to determine whether it has been met. 'The litigation on this is ongoing,' he said....
Britain's grocery squeeze is tightening on Irish food exports
6+ hour, 41+ min ago (560+ words) Food prices increasing 50% in five years in the UK have made Ireland’s largest single food export destination a harder place to do business. The UK’s Food & Drink Federation estimates prices later this year will have increased 50%, since the start of…...
Business optimism in small firms lags behind larger competitors
5+ day, 20+ hour ago (627+ words) Chief executive of Azets Ireland Neil Hughes said: 'Economic uncertainty and rising interest rates are the clouds gathering on the horizon for Irish businesses' Optimism among smaller firms is lagging well behind that of their larger counterparts as many “are…...
Inflation slows as food prices moderate
6+ day, 9+ hour ago (382+ words) Inflation continues to rise with prices for consumer goods and services in June 2026 up 3.4% compared with June 2025, the Central Statistics Office published on Thursday shows. Consumer prices rose by 0.3% in the month between May 2026 and June 2026. The rate of inflation…...
Irish mortgage rates drop to euro area average for the first time in three years
1+ week, 5+ hour ago (455+ words) Irish mortgage rates have dropped to the euro area average for the first time in more than three years after falling marginally to 3.48%, new Central Bank figures show. The average interest rate on new mortgage agreements was down two basis…...
David McNamara: Multinational investment a roaring success but Ireland needs stronger domestic performance
1+ week, 2+ day ago (424+ words) The big picture is that the Irish economy has become increasingly reliant on a small number of large multinationals, not only for GDP growth, but to underpin our tax base, says David McNamara. Last week’s Irish national accounts data for…...
Number of people unemployed in June reaches 145,100 people, new figures show
1+ week, 2+ day ago (324+ words) There were 145,100 people unemployed last month, up by 3,100 from June, seasonally adjusted figures from the Central Statistics Office published on Monday showed. On an annual basis, the 145,100 figure for June was a rise of 8,900 in the seasonally adjusted number of…...
Alan Healy: Can a €3 charge save Europe's high streets?
1+ week, 5+ day ago (758+ words) Cork City Council have opened 17 files this year over the clustering of vape, phone and barber shops, many of which took over sites previously held by fashion retailers impacted by Chinese competition. Picture: Larry Cummins Europe has begun a campaign…...
North Americans fuel private tour demand with prices averaging €500
1+ week, 6+ day ago (416+ words) Boat tour leaving Dingle harbour for sightseeing The price of a full-day private tour in Ireland averages over €500, with Irish tour guides highly reliant on North American customers. A new report by Irish Getaways revealed an "overwhelmingly" North American-facing market…...
Consumer sentiment up slightly but still below level before Iran war
2+ week, 20+ hour ago (598+ words) The survey showed a consumer sentiment index reading of 62.2 in June, an increase from the 59.4 in May. Irish consumer sentiment improved for the second month in a row but remains below levels seen prior to the war in Iran as…...