Major eurozone economies experienced unexpected inflation acceleration this month, driven by energy market volatility linked to Middle Eastern conflict, compelling the European Central Bank to reassess its monetary policy stance.
Category: Economy
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Comptroller and Auditor General Report Reveals Limited Impact of Ireland’s Vacant Homes Tax
An official audit by Ireland's Comptroller and Auditor General has determined that the Vacant Homes Tax achieves only minimal effectiveness in returning unoccupied residential properties to the housing market for purchase or rental.
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Technical Group Recommends €16 Hourly Living Wage for Ireland
Ireland's Living Wage Technical Group has announced a recommendation to increase the living wage to €16 per hour, representing a 3.9% uplift from the previous year's benchmark of €15.40.
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Survey Shows Most Irish Smokers Purchase Cigarettes Abroad Amid Tax Concerns
A new survey reveals that the majority of Irish smokers are now sourcing their tobacco products from outside the Republic, with researchers warning that any additional excise duty increases in the upcoming budget could accelerate this cross-border purchasing trend.
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Irish Consumer Confidence Drops to Four-Month Low Amid Energy Price Concerns
Consumer confidence in Ireland has declined to its lowest point in four months as households face renewed anxiety over escalating energy costs, new research from the Irish League of Credit Unions reveals.
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Irish Consumer Costs: Energy, Fuel and Mortgage Price Changes Since February US-Iran Action
Analysis reveals significant shifts in household expenditure across energy, fuel and mortgage sectors following geopolitical tensions that began in late February, with Irish consumers facing varied financial pressures across essential spending categories.
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Survey Reveals Most Irish Smokers Purchase Cigarettes Abroad as Budget Concerns Mount
A significant majority of tobacco consumers in Ireland are sourcing their cigarettes from outside the Republic, with industry research indicating this trend could intensify if excise duty increases materialize in the upcoming budget announcement.
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Irish Government Faces Harder Budget Decisions in 2027, Economic Expert Warns
Economic analysts are cautioning that Ireland's government will encounter significantly more difficult fiscal decisions when preparing Budget 2027, as several converging economic pressures threaten the expansive spending patterns of recent years.
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Irish State Pension Set for €7.50 Weekly Increase Under Budget 2027 Plans
Government officials are examining proposals to boost Ireland's weekly State pension payment by €7.50 in the upcoming Budget 2027, marking a continuation of efforts to support pensioners amid rising living costs.
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Government Pledges Winter Excise Relief Certainty for Motorists, Says Finance Minister
Finance Minister Simon Harris commits to providing clear guidance on petrol and diesel excise reductions throughout the winter months, offering stability for Irish households facing fuel costs.