Davy Research

Irish Economic Indicators

Irish Economic Indicators

Irish employment growth accelerates to 3.5%

Irish employment grew by 0.9% in Q1 2017 and is now up 3.5% on the year — broad based across construction, industry and services. The unemployment rate was revised up to 6.4% in April...

May 23 2017 | Conall Mac Coille | Research Report | 1 page

Public finances remain in healthy position

Exchequer returns for April show that the deficit related to the general government was €257m better than expected, flattered somewhat by delayed EU payments. Spending discipline has...

May 3 2017 | David McNamara | Research Report | 2 pages

Irish unemployment rate falls to 6.2%

Labour market data show that unemployment fell to 6.2% in April from 6.4% in March. If the recent pace of decline persists, unemployment could be below 5% by the end of 2017; however,...

May 3 2017 | David McNamara | Research Report | 1 page

Retail sales rise by 2% in Q1 2017, up 6% on the year

Today’s retail sales data show that the strong recovery in Irish consumer spending has continued in early 2017. Retail sales volumes (ex-motor trades) rose by 0.7% in March, up 6.0% on...

Apr 28 2017 | Conall Mac Coille | Research Report | 1 page

Irish house price inflation back in double-digit territory at 10.7%

Today’s Irish Residential Property Price Index (RPPI) shows a sharp acceleration in price inflation to 10.7% in February from 8.1% in January. The RPPI index rose by an enormous 1.5% in...

Apr 19 2017 | Conall Mac Coille | Research Report | 1 page

Export growth robust in Q1 2017

Trade data for February show that exports have started the year on a solid footing. Goods exports were up 3.4% on the month and 15.5% on the year, driven by increases in both...

Apr 18 2017 | David McNamara | Research Report | 1 page

Exchequer Returns, March: Public finances behind target early in 2017, but too early for concern

Accounting for a timing effect relating to the country’s EU budget contribution, Ireland’s public finances were close to €200m behind budget targets in the first quarter of 2017. Weak...

Apr 4 2017 | Conall Mac Coille | Research Report | 1 page

Unemployment rate falls to 6.4% in March

Labour market data for March show that unemployment fell to 6.4% from 6.6% in February. Unemployment is now at its lowest level since June 2008. At face value, the headline data...

Apr 4 2017 | David McNamara | Research Report | 1 page

Retail sales set for solid growth in Q1

Retail data for February reveal another strong gain in sales volumes. Excluding volatile motor trades, ‘core’ retail volumes were up 1.1% on the month and 5.9% on the year. Growth was...

Mar 28 2017 | David McNamara | Research Report | 1 page

Goods trade (January) and planning permissions (Q4)

Trade data for January show that exports bounced back strongly on the month following a relatively weak second half in 2016. We expect a larger contribution to GDP growth this year....

Mar 15 2017 | David McNamara | Research Report | 1 page

Showing 1 - 10 of 449 stories

ECONOMIC CALENDAR

May 24 2017

  • EU : Markit eurozone services PMI, May
  • US : FOMC Meeting Minutes
  • US : Existing home sales, May

May 25 2017

  • IRE : Overseas travel, February-April
  • UK : Total business investment, Q1
  • UK : Private consumption, Q1
  • US : Initial jobless claims, May 20th

May 26 2017

  • US : GDP annualised, Q1
  • US : Durable goods orders, April
  • US : University of Michigan sentiment, May
  • US : Personal consumption, Q1

May 29 2017

  • IRE : Retail sales volume, April

May 30 2017

  • US : Conf. Board Consumer Confidence, May
  • US : Personal spending, April

May 31 2017

  • UK : BRC Shop Price Index, May
  • UK : Mortgage approvals, April
  • US : US Federal Reserve Beige Book

June 1 2017

  • IRE : Monthly unemployment, May
  • US : Unemployment Rate, May
  • US : ISM Manufacturing, May
  • US : Initial jobless claims, May 27
  • US : Unit labour costs, Q1
  • US : Change in nonfarm payrolls
More Details