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News
Grocery price inflation continues to ease - Worldpanel
1+ hour, 37+ min ago (274+ words) Grocery prices went up by 3.8% in the four weeks to 9 August, down 2% versus the same period last year, bringing welcome news for Irish shoppers. New data from Worldpanel by Numerator shows that grocery inflation eased again last month, with like-for-like…...
British retail sales fall 0.5% in July
3+ day, 5+ hour ago (60+ words) RTE.ie British retail sales fell by an as expected 0.5% in July, official figures showed today. Economists polled by Reuters had forecast a median 0.5% drop in volumes from June, when hot weather boosted demand for fans and air conditioners and…...
Swedish central bank holds rates unchanged at 1.75%
4+ day, 3+ hour ago (284+ words) Sweden's central bank kept its key rate unchanged at 1.75% as expected today and said it was ready to tighten policy if the pace of inflation picked up. Sweden is an outlier in Europe with low headline inflation - thanks in part…...
Revolut targets Australia's cut-throat mortgage market
6+ day, 6+ hour ago (615+ words) European fintech Revolut is considering a move into Australia's ultra-competitive mortgage market and winning customers from the "Big Four" retail banks that dominate the business, Revolut Australia Chief Executive Matt Baxby said. Revolut was granted an Australian banking licence, its…...
The ECB's chief economist says food inflation will be driver of overall inflation next year
6+ day, 3+ hour ago (49+ words) Suad Mooge on experiencing racism as the Dublin Rose Westmeath Rose, Caoilfhinn Ní Choiligh, shows off her favourite wigs 'Heartbreak and shock' in Carlow after fatal crash People 'struggling for words' after M9 collision...
Food prices to be main driver of inflation in 2027 - ECB
6+ day, 3+ hour ago (559+ words) Chief Economist with the European Central Bank Philip Lane said food inflation is going to be one of the main drivers of overall inflation into next year. It comes as the price of oil is rising again, costing over $90 for…...
Annual inflation holds at 3.4% in July - CSO
1+ week, 4+ day ago (611+ words) New figures from the Central Statistics Office show that annual consumer price inflation rose by 3.4% between July 2025 and July 2026. This 3.4% increase was the same level of year-on-year inflation that was recorded the previous month in June. Consumer prices were 0.1% higher…...
UK economy gains from Gulf ceasefire, World Cup and sun
1+ week, 4+ day ago (423+ words) Britain's economy unexpectedly grew in June as companies were boosted by a respite in the surge in energy prices caused by the Iran war, the start of the men's soccer World Cup and hot weather, according to official data published…...
Ten paying for early access to Trump's social media posts
1+ week, 6+ day ago (299+ words) The parent company of US President Donald Trump's Truth Social platform said it had signed up clients willing to pay for early access to Trump's posts. It delivered the news while reporting a tenfold increase in second-quarter losses. Trump set…...
Consumers sought out bargains in July - Bank of Ireland
1+ week, 6+ day ago (268+ words) Consumers appeared to be seeking out better value in their shopping habits last month, according to the latest Spending Pulse report from Bank of Ireland. Overall debit and credit card spending by the bank's customers was flat last month, however…...