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Manufacturing production down 9% in June – CSO

8th August 2019

Manufacturing production down 9% in June – CSO Production in the manufacturing industry dropped by 9% in June compared to May 2019, according to the latest Central Statistics Office data. Annually, production for June was down 2.1% when compared with the same month last year. Seasonally adjusted volume of industrial production for the three months […]

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Manufacturing production down 9% in June – CSO

8th August 2019

Manufacturing production down 9% in June – CSO Production in the manufacturing industry dropped by 9% in June compared to May 2019, according to the latest Central Statistics Office data. Annually, production for June was down 2.1% when compared with the same month last year. Seasonally adjusted volume of industrial production for the three months […]

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Markets braced for increased volatility as Brexit and US-China trade row ramps up

8th August 2019

Markets braced for increased volatility as Brexit and US-China trade row ramps up Traders are preparing for a period of increased market volatility in the coming weeks, as the Brexit deadline approaches and the US-China trade dispute heats up. Speaking on RTÉ’s Morning Ireland Neil Wilson, chief market analyst with Markets.com, said the potential disruption […]

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Markets braced for increased volatility as Brexit and US-China trade row ramps up

8th August 2019

Markets braced for increased volatility as Brexit and US-China trade row ramps up Traders are preparing for a period of increased market volatility in the coming weeks, as the Brexit deadline approaches and the US-China trade dispute heats up. Speaking on RTÉ’s Morning Ireland Neil Wilson, chief market analyst with Markets.com, said the potential disruption […]

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Business activity growth at 3 month low, according to AIB PMI survey

7th August 2019

Business activity growth at 3 month low, according to AIB PMI survey Business activity in Ireland’s service sector expanded at the slowest pace in three months during July, amid the first reduction in foreign demand since November 2016. According to the AIB Services Purchasing Managers Index survey, overall new order growth eased to a three […]

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Tough Brexit talk fuels sharp drop in sterling

18th July 2019

Tough Brexit talk fuels sharp drop in sterling Sterling fell sharply yesterday as both candidates to become UK prime minister talked up their willingness to execute a hard Brexit during Conservative Party leadership debates. On the eve of the Brexit referendum, it cost 76.5 pence to buy one euro. Now, with a hard Brexit fast […]

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Tough Brexit talk fuels sharp drop in sterling

18th July 2019

Tough Brexit talk fuels sharp drop in sterling Sterling fell sharply yesterday as both candidates to become UK prime minister talked up their willingness to execute a hard Brexit during Conservative Party leadership debates. On the eve of the Brexit referendum, it cost 76.5 pence to buy one euro. Now, with a hard Brexit fast […]

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Consumer spending falls in June – even online – as rain and Brexit dampen mood

18th July 2019

Consumer spending falls in June – even online – as rain and Brexit dampen mood Consumer spending has slowed at a pace not previously recorded in the past five years, according to a new analysis of spending in stores and online. Visa’s Irish Consumer Spending Index, produced by IHS Markit, found on Wednesday that the […]

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Consumer spending falls in June – even online – as rain and Brexit dampen mood

18th July 2019

Consumer spending falls in June – even online – as rain and Brexit dampen mood Consumer spending has slowed at a pace not previously recorded in the past five years, according to a new analysis of spending in stores and online. Visa’s Irish Consumer Spending Index, produced by IHS Markit, found on Wednesday that the […]

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Hotels’ costs rising faster than revenues, says report

18th July 2019

Hotels’ costs rising faster than revenues, says report HOTEL insurance rates are rising by 10pc per annum, prompting some operators to rethink how their leisure facilities in particular are used, according to Aiden Murphy, a partner with accountancy and advisory firm Crowe Ireland. He said one of the options for hotel operators is outsourcing the […]

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