Market comment

Irish government announces easing of most COVID-19 restrictions

DAVY VIEW

On Friday (January 21st), the Irish government announced the easing of most COVID-19 restrictions, especially on the hospitality/entertainment sectors, with a phased return to offices beginning today. Fiscal supports will remain in place in Q1 2022 but will be gradually tapered back. The announcement means a rebound in sectors hard hit by COVID-19 should recommence in 2022. However, the impact of December’s Omicron related restrictions onto aggregate economic activity appears to have been quite muted.

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Jan 24 2022, 08:00 GMT

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