EY Economic Eye: Growth Uplift for Irish Economy Forecast for 2024 as Inflation Tracks Lower and Interest Rate Cycle Turns

EY forecasts Irish GDP to rise by 2.2% in 2024 and 3.8% in 2025; Modified Domestic Demand to grow by 2.2% in 2024 and 2.5% in 2025 Employment forecast to increase by 1.6% in 2024, labour market to remain tight Inflation continuing on its downward trend with EY forecasting inflation at 3% for 2024, returning […]

Grant Thornton Economic Cost of Cybercrime report reveals €9.6bn cost of cybercrime to Irish economy in 2020

New research carried out by Grant Thornton Ireland has revealed the overall cost of cybercrime to the Irish economy in 2020 to be €9.6bn. The Economic Cost of Cybercrime report published by Grant Thornton’s Cyber Security team estimates the direct and indirect costs incurred due to cyber-attacks against businesses, individuals, and government. The 2020 research […]

Strong Support For Legislation For Fair Price From Supermarkets To Farmers – Agri Aware

Independent consumer research recently carried out on behalf of Agri Aware by Ipsos MRBI reveals strong support among the Irish public for legislation to ensure that farmers receive a fair price from supermarkets.   Almost 90% of people who responded to the Agri Aware survey said they think legislation should be introduced to ensure that […]

CIF Proposes Radical Overhaul In How Infrastructure Is Delivered In Ireland

“We need to invest more in infrastructure now to solve the housing crises, maintain FDI levels and reduce social inequality. The National infrastructure deficit may lead to systemic failures in Irish economy and society”- Tom Parlon, Director General, CIF A CIF report, carried out by DKM Economic Consultants, has proposed an urgent and radical overhaul […]

Sales Of Fairtrade Products Continue To Grow

The ongoing recovery in the Irish economy is having a positive impact on the number, range and sales levels for Fairtrade products here. Ireland’s largest coffee company, Bewley’s, is moving all of its own label coffee to Fairtrade by the end of 2017. And an increasing number of smaller coffee companies are getting involved as […]

Motor Industry Registrations Reflect Improving Economy

Official statistics released today by the Society of the Irish Motor Industry (SIMI) show that new car registrations for the month of April were up 10% (10,408) compared to (9,451) April 2015, while new cars registrations year to date are up 26% (93,240) on the same period last year (73,970). Light Commercial Vehicles (LCV) show an 11% […]

New Study – Angling worth €0.75 billion to Irish Economy and supporting 10,000 jobs in rural Ireland

The Minister of State with Responsibility for Natural Resources, Fergus O’ Dowd T.D. today warmly welcomed the findings of a new national economic study which has revealed for the first time that angling and angling tourism in Ireland is generating a dividend in excess of €0.75 billion within the Irish economy every year. The study, […]