Household net worth is calculated by adding the total value of the housing stock and financial assets – such as cash savings, shares, pensions and possessions such as cars and antiques – and subtracting debt owed or liabilities. Photograph: iStock

Irish households have reduced their debt by a third since the crash, figures from the Central Bank show. After a nearly a decade of belt-tightening, (...)

Shopper on Dublin’s  Henry Street: All five main elements of the KBC Bank consumer sentiment index posted sharp monthly gains in November. Photograph: Aidan Crawley

Irish consumer sentiment rebounded sharply last month as the threat of a “crash-out” Brexit receded. The latest KBC Bank Ireland/ESRI consumer sentim(...)

House prices in Dublin are now more than nine times the average salary, a level not seen since the height of the boom. Photograph: Sam Boal/Photocall Ireland

Irish houses are not overvalued despite prices rising by 85 per cent since 2013, a report by the Economic and Social Research Institute (ESRI) has con(...)

Whiskey joins products such as Parma Ham and Manchego Cheese in securing the protection.   Photograph: iStock

Whiskey and Irish cream liqueurs are among 100 European regional food names, known as geographical indications (GI), to be protected in China under a(...)

The latest monthly numbers were almost entirely driven by the pharma-dominated modern sector, which rose nearly 17% in September

Irish manufacturing output remained strong in September, bucking the downward trend across Europe. Central Statistics Office (CSO) figures show produ(...)

The figures show first-time buyers in Dublin typically had an average income of nearly €90,000, compared with an income of €68,454 for new buyers outside Dublin. Photograph: Niall Carson/PA Wire

Irish households have shed €43 billion of debt over the past 10 years but remain among the most indebted in Europe. Central Bank figures show house(...)

The Plumbase sale ‘secures future opportunities for Plumbase, its employees and other stakeholders as part of an enlarged specialist plumbing and heating business,” Gavin Slark, Grafton chief executive, says. Photograph: Nick Bradshaw

Irish builders’ merchant and DIY group Grafton has sold its specialist plumbing and heating business Plumbase to UK firm Plumbing and Heating Investme(...)

The increase in household wealth over the first quarter of 2019 was driven by households’ financial assets, which rose by €13.7 billion. Photograph: Alan Betson

Irish households are, on paper at least, richer than at any other time in the history of the State, according to the Central Bank. It estimates the(...)

 The slide in Irish consumer sentiment comes as British prime minister Boris Johnson says he is committed to taking Britain out of the EU by October 31st. Photograph: Will Oliver/Pool via Bloomberg

Irish consumer sentiment has slumped to a near five-year low amid signs the UK may crash out of the European Union without a deal. The latest KBC Ban(...)

Labour productivity typically measures the value of work done in an economy over time

Labour productivity in the Republic has been growing at three times the EU rate since 2000, new figures from the Central Statistics Office (CSO) show.(...)

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