Mr Mcquaid

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The jobless rate is nearly three percentage points below the current euro zone average of 7. 5 per cent

The number of unemployed people fell by nearly 26,000 in the year to July, new figures from the Central Statistics Office (CSO) show. The unemploymen(...)

 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(...)

Fixed-rate mortgages  increased over the fourth quarter of last year, with new drawdowns exceeding repayments by €1.8bn

New mortgage lending in the Republic rose by €1 billion to nearly €9 billion last year, according to the Central Bank. This was the largest annual inc(...)

The annual rate of growth was down from 3.2 per cent in December and the lowest annual rate recorded since March last year. Photograph: Nick Bradshaw

Retail sales volumes grew at their weakest level in nearly a year in January amid concern consumers may be tightening their belts ahead of a global sl(...)

In Ireland, workers add an average of $99.50 (€87) to the value of the economy every hour they work, according to the OECD. Photograph: Suzie Howell/New York Times

Irish workers are now officially the most productive in the world, adding an average of $99.50 (€87) to the value of the economy every hour they work,(...)

January is typically the biggest month of the year for VAT as it reflects the busy November-December shopping period.

VAT receipts jumped to a record €2.7 billion in January as strong pre-Christmas sales boosted the Government’s tax take for the month. The latest exc(...)

 Shoppers in Arnotts on the first day of the store’s Christmas sale. Photograph: Aidan Crawley

Retail sales fell in December, the busiest shopping period of year, according to the latest official numbers. They indicate that seasonally adjusted (...)

Goodbody analyst Dermot O’Leary expressed surprise at how little sterling had moved in the past week.

Irish currency specialists believe the risk of a no-deal Brexit – the worst case scenario – has receded in recent months and that sterling is now more(...)

Sales of Caskmates rose 86 per cent in the US last year

Jameson remains the most popular Irish whiskey in the world, selling 7.3 million cases last year. This marks the brand’s 29th year of consecutive gro(...)

President Donald Trump: “As steward of the global financial system and the world’s largest economy, the US had powerful carrots and sticks. Not anymore,” says  Alan McQuaid. Photograph: Tom Brenner/New York Times

The protectionist trade policies being pursued by US president Donald Trump now rank as a bigger threat to Ireland than Brexit, according to Merrion e(...)

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