Irish Economy
Housing output disappoints again in Q1
Despite growth in new apartments in Q1, house completions disappointed compared to our expectation of an increase, and our forecast of 42k units this year already looks unlikely to be...
Housing completions data for Q1 due this Thursday
Ireland’s housing completions data for Q1 will be published this Thursday (April 24th) and scrutinised for signals of continued weakness, especially with respect to apartments. Elsewhere,...
Residential property prices grew 8% in February
Property prices grew somewhat faster in February compared to January. Encouragingly, market-based sales to households for new properties increased strongly so far in 2025. It remains...
A busy data schedule remains overshadowed by tariffs
The busy schedule of data releases this week would normally have a significant bearing on the economic outlook in Ireland’s main trading partners. However, the impact of the new...
Bond market prompts a 90-day reprieve on most US tariffs
Adverse moves in the US Treasury market was cited as a key factor in President Trump’s decision yesterday (April 9th) to suspend most “reciprocal” tariffs. While uncertainty remains...
Faster pricing for rate cuts after tariffs-induced selloff
Key economic data releases this week include UK GDP for February and the US University of Michigan flash consumer sentiment index for April. While market pricing has moved in the...
Tariff threats should not derail the Irish economy
April 04 2025 07:00 IST/BST
US tariff belligerence set to send uncertainty skyward
The tariffs announced by President Trump last night were broadly in line with expectations, apart from the temporary exclusion of pharmaceuticals and semiconductors from otherwise...
US tariffs decision set for Wednesday
In an otherwise busy week ahead for data releases, Wednesday’s decision on US tariffs by President Trump will limit scope for attention on much else. That said, non-farm payrolls on...
Expecting cuts to UK growth and current spending plans
The main focus of this week’s release calendar is on the UK Chancellor’s Spring Statement. Slower economic growth this year is widely expected, and higher borrowing since October’s...
