EY Economic Eye: Growth Uplift for Irish Economy Forecast for 2024 as Inflation Tracks Lower and Interest Rate Cycle Turns

EY forecasts Irish GDP to rise by 2.2% in 2024 and 3.8% in 2025; Modified Domestic Demand to grow by 2.2% in 2024 and 2.5% in 2025 Employment forecast to increase by 1.6% in 2024, labour market to remain tight Inflation continuing on its downward trend with EY forecasting inflation at 3% for 2024, returning […]

Savings and Investment Index shows climate change is fastest growing concern

Bank of Ireland’s Savings and Investment Index in Q3 2023 shows that climate change is the fastest growing concern, with almost a quarter of households (23%) now citing it as their number one worry, almost double the level seen in Q4 2022. While inflation continues to be the dominant concern (30% of households), it has […]

ALONE Endorses Plan To Tie State Pension To Rate Of Inflation

ALONE, the charity that supports older people to age at home, is endorsing the Minister for Social Protection’s plan to tie the state pension to the rate of inflation. The state pension could be tied to the rate of inflation and the cost of living if Social Protection Minister Leo Varadkar pushes through plans for […]