Archive for December 2023

The number of new cars registered in November fell 4% according to new data from the Society of the Irish Motor Industry (SIMI). 947 cars were registered during the month, down from 985 in the same month a year earlier. However, despite the fall off last month, so far this year registrations overall are up…

Business conditions in the manufacturing sector stabilised in November, new figures show. The latest Purchasing Managers Index from AIB reveals the second highest reading since February. The index rose to 50 from 48.2 in October, and 49.6 in September. Readings above 50 indicate overall growth in activity. Marginal increases in output and orders combined with…

A new analysis has estimated that around 33,450 new homes could be completed here next year. The research also predicts that around 31,000 will be finished this year. The study by independent construction market forecasting network, Euroconstruct, says construction output in Ireland is likely to expand by 3.2% this year. This will rise to 4.4%…

Figures today from the Central Statistics Office confirm that the economy is in recession. The economy, as measured by gross domestic product (GDP), fell by 1.9% in the three months to the end of September, according to the latest figures from the CSO. Modified Domestic Demand (MDD), which more closely tracks the domestic economy, was…

The Governing Council of the European Central Bank said it has selected “European culture” and “Rivers and birds” as the possible themes to choose from for future euro banknotes. This follows surveys conducted during the summer for the European public to express their preferences from seven shortlisted themes. In the survey commissioned by the ECB,…

The resurgence of construction here meant professional roles in that sector recorded the biggest increase in demand this year, new data shows. IrishJobs TalentBank, a database containing over 1.2m job candidates, shows demand for site engineers rose by 255%, while demand for site managers more than doubled to 157% between the third quarter of last…

New tenants are paying considerably more rent than renters with existing tenancies, new official data has shown for the first time. According to information released by the Residential Tenancies Board, the standardised average rent nationally for an existing tenancy between April and June of this year was €1,332. That compares to €1,574 for a new…