Pace of recovery in Irish manufacturing slips as spike in Covid-19 cases 'rattles' business sentiment in August
Recent lockdowns in Kildare and the midlands weighed heavily on the data.
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Recent lockdowns in Kildare and the midlands weighed heavily on the data.
In many ways, the Irish economy looks to be in ‘Goldilocks’ territory: not too cold, but still not too hot, writes Victor Duggan.
In the UK, consumer confidence registered the largest monthly decline in seventeen months in November.
Ireland is now the fourth most confident country in Europe, overtaking the UK for the first time in almost nine years.
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A new report on consumer confidence has also identified the closure of Clerys as having a negative impact.
Most people also expect to pay more on essential items over the next six months.
Shoppers are predicted to spend a little bit more this Christmas.
The company is looking for 150 full-time and 150 temporary staff.
Retail Excellence Ireland says that hot beverage sales are an indicator of a stronger employment market.
KBC Bank’s consumer sentiment survey tumbled last month, with the election blamed for widespread bad humour.
*But we’re coming from a low base, so don’t get carried away.
The latest KBC Bank/ESRI survey states Ireland’s consumer confidence index increased to 73.1 in September from 66.8 in August.
The Food Safety Authority said that people are spending more time reading labels after the scandal.
The supermarket giant has said that like-for-like sales have fallen by three per cent in the first 13 weeks of this year.
However a report shows 60 per cent of adults still believe their income will be lower this time next year.
The marginal increase comes amid concerns about the looming property tax and cuts to pay outlined in the Croke Park II deal.
Working households with mortgages will see the greatest growth in spending power while unemployed households will fare worst.
Hot beverages and home and giftware sectors saw noticeable increases while furniture and flooring suffered losses.
The KBC Bank Ireland/ESRI index shows a small amount of growth with sentiment at 63.8 in November compared to 60.9 in October.
Consumer confidence has plummeted as we worry about the forthcoming budget and retailers say they’re feeling the pinch but will the government do anything to stop the leaks and speculation?
The amount and value of Irish retail sales have risen by 0.9 per cent in September compared with August 2012.
However consumers unlikely to step up their spending, as just 12 per cent believe their financial situation will improve in the coming year.
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A research paper tries to examine why Irish house prices keep falling – and suggests the drop has gone too far.
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A survey has predicted that the Irish will shop less this festive season – but they are still the biggest spenders in Europe. Does this apply to you?
Latest footfall figures show a marginal increase in visits to Irish businesses as people sought shelter from bad August weather in shopping centres.
The volume of retail sales fell by over 5 per cent in May 2011 once you exclude figures for the motor trade.
Latest consumer sentiment data shows a drop in June as people continue to worry about the economic outlook, retaining their jobs and a likely ECB interest rate hike in July.
Both Japanese consumer sentiment and the country’s stock average have fallen in response to the disastrous events of last month.
Eurozone banking head Trichet hints that while consumer confidence is growing, he may yet consider an interest rate hike to prevent risk of high inflation.
5 minutes, 5 stories, 5 o’clock: Little change in latest consumer confidence data; Minister Ahern will not stand in the next general election; and Taiwan’s take on Ireland’s economy.
Consumers are slightly more confident this month than last, but still worryingly low ahead of an austere budget.
KBC Bank Business Sentiment Survey reveals “two economies” with businesses expecting modest growth but confidence in economy remaining low.