Davy Research

Irish Economic Indicators

Irish Economic Indicators

Irish GDP surges in Q3

The volatile Irish GDP numbers remain an analyst’s nightmare! The 4.2% surge in GDP in Q3 and the upward revisions to prior quarters mean that we will probably have to revise up our...

Dec 15 2017 | David McNamara | Research Report | 4 pages

Mortgage arrears continue to fall

Today’s mortgage arrears data from the Central Bank show that the number of problem loans continues to fall. In Q3 2017, 90-day arrears fell to 6.9% of the outstanding stock of...

Dec 14 2017 | David McNamara | Research Report | 4 pages

Irish unemployment falls to 6.1%

Unemployment fell to 6.1% in November from 6.3% in October, but today’s data come with a health warning ahead of revisions in January. As we have been pointing out for some time, the...

Dec 5 2017 | David McNamara | Research Report | 4 pages

Retail sales steady in October

The October retail sales data show volume steady on the month and up 4.5% year-on-year (yoy). Excluding volatile motor trades, sales were down 0.3% and up 6% yoy. Overall, the data...

Nov 28 2017 | David McNamara | Research Report | 4 pages

Wage inflation remains modest despite tightening labour market

Today’s CSO data show that average weekly earnings were up 1.7% in the year to Q3. Despite the rapid fall in unemployment, wage pressures remain modest in the Irish economy –...

Nov 27 2017 | David McNamara | Research Report | 4 pages

Irish residential property price inflation accelerates to 12.8%

Residential property prices rose by 2% in September, with annual inflation now 12.8% — the sharpest pace since May 2015. Rising leverage in the mortgage market has driven Irish house...

Nov 8 2017 | Conall MacCoille | Research Report | 4 pages

Government finances on track ahead of vital November returns

Exchequer returns data for October show that government finances are broadly on track to hit Budget targets in both revenue and expenditure. However, the key month in the final...

Nov 2 2017 | David McNamara | Research Report | 4 pages

Unemployment falls to 6%

Today’s unemployment data show that the headline rate fell to 6% in October from 6.1%, the lowest rate since June 2008. The number of unemployed was down 26,800 on the year, a 17%...

Nov 1 2017 | David McNamara | Research Report | 4 pages

Retail sales growing strongly

Today’s CSO release shows that core retail sales grew strongly in September, up 1.4% on the month and 7.7% year-on-year (yoy). Aside from volatile motor trades and fuels, retail...

Oct 27 2017 | David McNamara | Research Report | 4 pages

Irish house price inflation at 12% in August

Today’s Residential Property Price Index (RPPI) shows another sharp 2.2% rise in August, with annual inflation now at 12.2%, broadly spread across Ireland. Underlying double-digit house...

Oct 12 2017 | Conall MacCoille | Research Report | 4 pages

Showing 1 - 10 of 478 stories

ECONOMIC CALENDAR

December 18 2017

  • EU : CPI core, November

December 19 2017

  • EU : Construction output, October
  • GER : IFO business climate, December
  • GER : IFO current assessment, December
  • GER : IFO expectations, December
  • US : Building permits, November
  • US : Housing starts, November
  • US : Building permits, November

December 20 2017

  • EU : ECB current account SA, October
  • US : Existing home sales, November
  • US : Existing home sales. November

December 21 2017

  • EU : Consumer confidence, December
  • IRE : Overseas travel, September - November
  • IRE : Wholesale price index, December
  • US : Initial jobless claims, December 16
  • US : GDP annualized, Q3

December 22 2017

  • UK : Total business investment, Q3
  • US : Durable goods orders, November
  • US : PCE core, November
  • US : University of Michigan sentiment, December
  • US : New home sales, November
  • Us : Personal spending, November

December 26 2017

  • IRE : Retail Sales, November
  • IRE : Retail Sales, November

December 27 2017

  • US : Conference board consumer confidience, December

December 28 2017

  • EU : ECB publishes economic bulletin
More Details