Economic
Residential property prices to continue rising faster than 7%
The main Irish data releases this week include August residential property prices and monthly payrolls. We expect continued growth above 2% for payrolls and that residential property...
Why Budget 2026 will not overheat the Irish economy
In this report, we welcome the emphasis in Budget 2026 on infrastructure and housing given significant and well-documented shortfalls in these areas. We also find limited evidence that...
Budget 2026 surpluses boosted by corporation tax
With a continuing US government shutdown, the release schedule for the week ahead is relatively light, apart from Ireland’s Budget 2026 tomorrow (October 7th). Last week, the...
This week: US payrolls and Irish exchequer returns
Our main focus for data releases this week will be on September data for US payrolls and Ireland’s exchequer returns. Speeches by Federal Reserve officials last week saw less market...
Flat transactions for new properties in July
Strong summer price trends continued in July, and we expect upward revisions to June could repeat. However, new property transactions were surprisingly weak in July; if this continues,...
Record employment in Q2 despite tariffs uncertainty
Despite widespread fears that tariff-driven uncertainty would lead to a notably weaker Irish economy, Q2 saw a record level of employment above 2.8m for the first time. The...
Residential property prices rise strongly again in June
Irish residential property prices grew strongly once again in June, in line with an established seasonal pattern. The volume of transactions has been boosted considerably this year by...
A new record month for corporation taxes in June
Corporation tax continued its year-to-date pattern of extreme volatility in June, more than compensating for weaker receipts in May. This augurs well for full-year 2025 receipts since...
Household spending adds to stronger UK economic growth
The UK economy grew faster than expected in H1, helped by household spending and business investment. However, despite a favourable productivity performance, official forecast...
UK inflation meets consensus in August
Headline UK inflation was unchanged in August, remaining at a year-on-year (yoy) increase of 3.8% and increasing in month-on-month (mom) terms by 0.3%. While core and services inflation...
Another month, another adverse inflation result
This morning’s UK consumer price inflation (CPI) result further weakens the case for easing this year until there is evidence that disinflation has resumed. Prices grew faster than...
Growth outperforms forecasts again in Q2
Despite widespread expectations that the UK economy would struggle this year as a result of Labour’s Budget last autumn, growth has been stronger than expected in the first half of...
