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| Saturday 4 September 2010 | |||
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| Irish Economy & Financial Markets There are 45 articles available in this category. Please select the required article from those listed below: |
BUDGET 2006
| BUDGET 2006 |
THE IRISH HOUSING MARKET OCTOBER 2005
| THE IRISH HOUSING MARKET OCTOBER 2005 |
THE IRISH ECONOMY - QUARTERLY OUTLOOK OCTOBER 2005
| THE IRISH ECONOMY - QUARTERLY OUTLOOK OCTOBER 2005 |
IRISH ECONOMIC UPDATE AUGUST 2005
| IRISH ECONOMIC UPDATE AUGUST 2005 |
Public Spending Cutbacks First Stage of Budget 2003
| The Public Services Spending Estimates for 2003 published last week by the Minister for Finance were the first installment of the budget arithmetic for next year and set out the bulk of the government’s spending plans. |
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Government Spending Boosted Irish GDP Growth in 2001
| Figures published by the Central Statistics Office (CSO) last week confirmed that the Irish economy experienced a sharp slowdown in the rate of growth compared with 2000. Real GDP grew by 5.7% in 2001..... |
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Irish Companies Face Tough Cost Environment
| With falling output prices and sharply rising input prices, Irish industry is facing a tough year. |
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Irish Economy to Grow by 4% in 2002
| The latest data from the Central Statistics Office, published last week, show that the Irish economy rebounded from the weak position reached at the end of 2001. Real GDP grew by 2.9% year-on-year in the first quarter of 2002.
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Weak Irish Income Tax Causes Concern
| There has been a lot of commentary in the media recently about a crisis in the Irish public finances and black holes in government revenue..... |
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Moderate Pay Settlements Key to Job Creation
| The latest labour market statistics show strong employment growth but much of this was in the public sector. Private sector job creation is slowing rapidly and the outlook will depend on future pay settlements......
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New Government Must Set Medium Term Fiscal Targets
| With the general election over, the new government will have the difficult task of managing the public finances over the next five years........ |
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Economic Outlook to Determine Electoral Promises
| The election debate to date has been dominated by the economy and the outlook for the public finances. . . . . . |
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Political Commitments on Irish Budgetary Policy Difficult to Deliver
| Commitments not to raise taxes in the next few years are inconsistent with the deteriorating outlook for the public finances. |
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Irish Economy Descends to Medium Term Growth Path
| The rate of economic growth in Ireland is slowing rapidly. However, it was inevitable that rates in excess of 10% could not be sustained. Despite the short term pain, the medium term outlook is positive. |
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Nice Treaty - Don't Shoot the Messenger
| The rejection of the Nice Treaty by the Irish electorate will be misunderstood abroad. the Irish are not against enlargement but have concerns about the management of the EU |
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IRISH ECONOMY TO GROW BY 7% IN 2001
| The pace of Irish economic growth is moderating to a more sustainable medium term rate. following last year's torrid rate of growth in real GDP of 11%, the economy will expand by about 7% in 2001. |
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Focus on Irish Public Finances: First Quarter Below Target
| Irish Exchequer data for the first quarter showed weakness on the revenue side as the economy slows. However, spending is growing strongly. |
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IRISH ECONOMY SHINES AMID INTERNATIONAL GLOOM
| Latest official data show the strength of the Irish economy in 2000.The economy grew by 11.8% in the first half of the year. |
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Irish Economy Faces Some Competitiveness Losses in 2001
| The Irish economy remains very strong as shown by recent retail sales statistics. however, the international climate is deteriorating and the Irish economy is set to lose some competitiveness in 2001. |
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IRISH INFLATION TO PEAK AT 7%
| Irih inflation has yet to peak but is expected to do so this month.The worst is behind us and a deceleration should occur in 2001. |
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IS THE CELTIC TIGER HEADING FOR BUBBLE TROUBLE?
| This is the central question addressed in our latest Quarterly Economic Focus, Autumn 2000. The long period of strong growth accompanied by low inflation appears to have ended. Growth will remain very strong in the short term at over 10% but a period of slower growth lies beyond 2000. The risks of overheating have increased but we remain convinced that the economy will achieve a soft landing. The Quarterly also contains our latest interest rate and exchange rate forecasts to 2004. |
IRISH POUND AT PARITY OUTSIDE EURO?
| Membership of the euro is irrevocable. Had Ireland remained outside the euro Irish interest rates would be over 8% but the Irish pound could be at parity with sterling. A version of this article appears in the latest issue of FINANCE. The article also appears in our latest Quarterly Economic Focus. |
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IRISH COST COMPETITIVENESS TO IMPROVE IN 2000
| Despite the higher growth in unit wage costs in Ireland in 2000, our relative competitiveness will actually improve thanks to the weakness of the euro. |
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IRISH RETAIL SALES CRASH IN JULY
| Irish retail sales fell in July over June largely due to a sharp fall in garage sales. Overall, however, still on course for growth in excess of 10% in 2000. |
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IRISH CENTRAL BANK WARNS ON INFLATION AS GROWTH RATE EXCEEDS 10%
| In its latest quarterly bulletin , the Irish Central Bank forecasts real GDP growth of 10.25% in 2000 and 8.75% in 2001. Inflation is forecast at 5.5% in 2000 and 4% in 2001. |
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Irish Economic Indicators Point to Record Year for Economic Growth
| Latest retail sales and trade data suggest that the rate of economic growth this year could be a record. |
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Euro Weakness A Further Threat To Irish Inflation
| Further euro weakness will pose additional problems for Irish inflation, as will higher euro interest rates.This article also appears in today's business section of the Irish Times. |
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US Interest Rate Policy Has Important Implications For Irish Economy
| The US Federal Reserve's FOMC meets today to decide on US interest rate policy. Rates are expected to be left unchanged. A soft landing for the US economy is important for Irish economic prospects. |
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IRISH ECONOMY MUST REMAIN COMPETITIVE TO SUSTAIN GROWTH
| The Irish economy has become more open over the past decade with exports approaching 100% of GDP. If we are to sustain non-inflationary growth over the medium-term, we must protect our international competitiveness. |
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SOCIAL PARTNERS LOOK TO BUDGET 2001 FOR COMPENSATION ON INFLATION
| The government has finally acknowledged that the average rate of inflation in 2000 will be between 4.75-5.25%. Based on trends to date, it is difficult to see how the average increase this year will be below 5.25%. |
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LOWER IRISH INFLATION REQUIRES STRONGER EURO
| Measures to defer price increases in Ireland will have little lasting impact on the CPI. The road to lower inflation in Ireland lies in a significantly stronger euro. |
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IRISH INFLATION TO AVERAGE 5.3% IN 2000 AND 3.3% IN 2001
| After today's CPI rise of 5.5% year-on-year in June 2000, inflation should peak at 6% in Sept./Oct. and average 5.3% for the year. The average rate of inflation in 2001should be about 3.3%. |
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Irish Inflation Rises to 5.5%
| The rise in the annual rate of inflation to 5.5% in June constitutes less of a longer term problem than the ongoing rise in residential property prices. |
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PRESSURE ON HOUSING MARKET TO PERSIST
| The need for a third Bacon report highlights the difficulties in restoring order to the Irish housing market. |
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Minister for Finance's Speech in Relation to the Housing Market
| The speech by the Minister for Finance on stamp duty changes relating to the housing market. |
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Irish Inflation Tops 5% in May
| While Irish inflation has risen sharply in recent months, the options open to the government to tackle this problem are limited. However, cutting indirect taxes and a re-negotiation of the national wage agreement are not long-term solutions. |
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EURO MEMBERSHIP IN IRELAND'S INTEREST DESPITE SHORT TERM INFLATION RISKS
| Romano Prodi's comments about the possibility of a country leaving the euro could spark some ideas of Ireland leaving in order to reduce its inflation rate. |
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IRISH GDP GROWTH IN THIRD QUARTER OF 1999 WAS NOT A RECORD
| The reported year-on-year rise in Irish real GDP of 11% in the third quarter of 1999 was not a record.The GDP report published by the CSO on 22 May did not take account of significant revisions to the balance of payments which had been published on 12 May. Including these revisions, the annual growth in real GDP in the third quarter of 1999 would have been reduced to 9.1%. |
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THE OUTLOOK FOR THE IRISH ECONOMY
| Presentation made by JOHN BEGGS, CHIEF ECONOMIST, AIB GROUP TREASURY at the INSURANCE INSTITUTE OF IRELAND Annual National Conference, Galway, 19 May 2000. |
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IRISH INFLATION RISES TO 4.9% IN APRIL 2000
| The Irish rate of inflation continued to rise in April to an annual rate of 4.9%.This will test the durability of the pay terms of the PPF. However, if left unchecked, inflation should fall towards 2.5% in the course of 2001. |
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Euro Weakness Sparks Fresh Fears For Irish Inflation
| The further decline in the value of the euro risks pushing the Irish rate of inflation towards 5%. |
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Irish Economy Benefits From Easy Monetary Conditions
| Despite expectations that the ECB could raise official interest rates again as early as Thursday the Irish economy continues to benefit from a very accommodative monetary stance. |
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Irish CPI Rises By 4.6% in March 2000
| The Irish CPI rose by 4.6% in March 2000. For the euro area, the average rate was 2.1%. |
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ECB Looks to Irish Government to Tackle Inflation
| The President of the European Central Bank, Wim Duisenberg, was invited to comment on Irish inflation at last week’s press conference at the end of the Governing Council meeting. |
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New National Programme to Deliver Real Basic Pay Rises
| The acceleration in the Irish rate of inflation to 4.3% in February could not have come at a worse time. With the trade unions about to ballot on the pay and non-pay elements of the Programme for Prosperity and Fairness (PPF), the rise in the rate of inflation appears to threaten the real value of the 15.75% cumulative increase in basic pay rates under the draft agreement. |
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