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Sharpest decline in production volumes for six months

There were subdued business conditions across the Irish manufacturing sector, according to the latest AIB Manufacturing Index. December data showed a sustained reduction in new orders which contributed to the fastest decline in production volumes since June. At 49.1 in December, down from 49.9 in November, the seasonally adjusted index posted below the 50.0 no-change…

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European stocks clock worst quarterly showing since 2022

European stocks recorded their worst quarterly showing in more than two years today, as uncertainty around interest rates and the Trump administration’s policies halted a rally that had pushed several markets to record highs this year. The pan-European STOXX 600 added 0.6% on the final trading session of the year, but clocked a quarterly decline…

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Annual inflation doubles to 1% in December, flash estimate shows

Consumer prices rose by 1% in the year to December, double the rate of 0.5% recorded in November, a flash estimate of the Harmonised Index of Consumer Prices (HICP) from the Central Statistics Office showed today. December HICP growth was the highest since August, when it reached 1.1%. Today’s CSO estimates show that energy prices…

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House prices rise 9% in 2024

House prices nationally rose by an average of 9% during 2024, according to the latest house price report by Daft.ie. The typical listed price nationwide in the final quarter of 2024 was €332,109, 1.4% higher than in the third quarter of the year and 30% higher than at the onset of the pandemic. Prices rose…

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