Mr Hughes

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A closed estate agents during the coronavirus outbreak. Flynn and Associates is offering free accommodation in unsold properties to doctors and nurses working during the Covid-19 crisis. File photograph: Hollie Adams/Bloomberg

A Dublin-based estate agent is offering free accommodation to doctors and nurses who are living in situations unsuitable to their work during the coro(...)

An empty O’Connell Street in Dublin. The March survey found that nine in 10 consumers envisage some impact from the Covid-19 crisis on the Irish economy. Photograph: Charles McQuillan/Getty Images

Consumer confidence in the Republic has taken a nosedive on foot of the coronavirus outbreak. KBC Bank’s latest index, which gauges consumer sentiment(...)

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(...)

KBC’s latest homebuyer survey found purchasers were planning to live longer in the homes they buy, with two-thirds intending to live there for more than 10 years. Photograph: Getty Images

A change in homebuyer behaviour may be contributing to a slowdown in property sales, according to KBC Bank. The bank’s chief economist, Austin Hughes(...)

 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(...)

‘In a hard-Brexit scenario, I could see sterling-euro at parity,’ said Goodbody economist Dermot O’Leary.

Sterling could move to parity with the euro “and possibly beyond” in the event of a “messy” no-deal Brexit, a currency expert has warned. Investec’s (...)

 Department of Public Expenditure and Reform secretary general Robert Watt; Minister for Finance Paschal Donohoe; and John McCarthy, the department’s chief economist at the launch of the Government’s Summer Economic Statement. Photograph: Michelle Devane/PA

Economists here broadly agree that a reversal of some sort for the Irish economy is inevitable but differ on what might cause it or how severe it is l(...)

The Brexit-related slide in sterling has made it cheaper to buy used cars in the UK and import them into the Republic. Photograph: Alan Betson/The Irish Times

Retail sales hit a three-year high in March once car purchases are excluded, as consumer shrugged off the threat from Brexit. Sales were up 8.2 per c(...)

House prices rose just 1.1 per cent in February, with the highest growth on the southside. Photograph: iStock

Dublin’s housing market may have reached “peak affordability” with prices now more than nine times the average salary, a level not seen since the heig(...)

While all elements of the KBC Bank/ESRI  index fell, consumers’ concerns were strongest about macroeconomic questions.

Shoppers could cut spending if fears of a hard Brexit and a weaker Irish economy persist, experts warn in a report today. Consumer confidence tumble(...)

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