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08/10/2009
Prices Continue To Tumble
Government figures released today show that consumer prices have tumbled by 6.5% since September 2008.
According to the Central Statistics Office, the Consumer Price Index decreased by 0.4% in the month, which leaves this year's prices 6.5% lower than last years.
The most significant monthly price changes were decreases in food and non-alcoholic drink, which fell by 1.3% while transport costs, fell 0.9%.
Some products however bucked the trend, with clothing and footwear seeing an increase of 3.6%.
There were increases in alcoholic drinks and tobacco, which both rose by 7.5%, education costs went up 3.9% and health costs increased by 2.5%.
Over the year though most notable changes were seen in decreases in housing, water, electricity, gas and other fuels all of which jointly fell by a huge 28.5%.
Contrastingly, the fall in housing costs over the year do not match the recent patten observed by Housebuilder Abbey, which for the first time since the beginning of the downturn reported improving sales in Ireland.
Speaking at the Abbey National AGM at the beginning of the month, chairman Charles Gallagher said the firm's excess inventory is gradually being cleared amid steady trading in the first few months of the year.
"In Ireland, sales have been improving of late as some confidence returns to the market. In some locations we may soon sell out and we are keen to find further outlets particularly in the Dublin area," he said.
Mr Gallagher said southern England was showing "good levels of business" over recent weeks, adding the London and Dublin based group was on course for a satisfactory outcome this year on current trends.
Last July, the group reported it lost €54.4 million in the 12 months ending on April 30th, 2008, compared with a profit of €16.8 million during the last 12 months.
(DW/BMcC)
According to the Central Statistics Office, the Consumer Price Index decreased by 0.4% in the month, which leaves this year's prices 6.5% lower than last years.
The most significant monthly price changes were decreases in food and non-alcoholic drink, which fell by 1.3% while transport costs, fell 0.9%.
Some products however bucked the trend, with clothing and footwear seeing an increase of 3.6%.
There were increases in alcoholic drinks and tobacco, which both rose by 7.5%, education costs went up 3.9% and health costs increased by 2.5%.
Over the year though most notable changes were seen in decreases in housing, water, electricity, gas and other fuels all of which jointly fell by a huge 28.5%.
Contrastingly, the fall in housing costs over the year do not match the recent patten observed by Housebuilder Abbey, which for the first time since the beginning of the downturn reported improving sales in Ireland.
Speaking at the Abbey National AGM at the beginning of the month, chairman Charles Gallagher said the firm's excess inventory is gradually being cleared amid steady trading in the first few months of the year.
"In Ireland, sales have been improving of late as some confidence returns to the market. In some locations we may soon sell out and we are keen to find further outlets particularly in the Dublin area," he said.
Mr Gallagher said southern England was showing "good levels of business" over recent weeks, adding the London and Dublin based group was on course for a satisfactory outcome this year on current trends.
Last July, the group reported it lost €54.4 million in the 12 months ending on April 30th, 2008, compared with a profit of €16.8 million during the last 12 months.
(DW/BMcC)
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13 August 2009
Consumer Prices Continue To Fall
Consumer prices in Ireland have fallen for the ninth month in a row, according to recently published figures. The Central Statistics Office (CSO) revealed today prices fell by 0.8% last month resulting in a 5.9% drop since July last year.
Consumer Prices Continue To Fall
Consumer prices in Ireland have fallen for the ninth month in a row, according to recently published figures. The Central Statistics Office (CSO) revealed today prices fell by 0.8% last month resulting in a 5.9% drop since July last year.
11 November 2010
Manufacturing Increased 12% Since 2009
Output from Ireland's manufacturing industry has increased by 12% since last year, according to the latest statistics from the Government. The Central Statistics Office (CSO) has reported this morning that "significant" changes have occurred in a number of manufacturing sectors, with an average increase of 12.1% since September 2009.
Manufacturing Increased 12% Since 2009
Output from Ireland's manufacturing industry has increased by 12% since last year, according to the latest statistics from the Government. The Central Statistics Office (CSO) has reported this morning that "significant" changes have occurred in a number of manufacturing sectors, with an average increase of 12.1% since September 2009.
27 September 2013
Concerns Raised Over Sudden Housing Market Growth
Steady growth each month in the housing over the last year has raised concerns of a possible property bubble. According to new figures there has been a 10.6% rise in property prices in the past year, the strongest since the housing market collapsed. It is understood that prices in Dublin are now rising by as much as €3,000 a month.
Concerns Raised Over Sudden Housing Market Growth
Steady growth each month in the housing over the last year has raised concerns of a possible property bubble. According to new figures there has been a 10.6% rise in property prices in the past year, the strongest since the housing market collapsed. It is understood that prices in Dublin are now rising by as much as €3,000 a month.
10 September 2009
Prices Rise For First Time In Year
In what is being considered as a possible "green shoot" indicating the slow return to growth, Government figures have revealed consumer prices rose by 0.4% last month. The rise is the first increase since September of last year. The Consumer Price Index (CPI) published today shows prices in August increased by 0.
Prices Rise For First Time In Year
In what is being considered as a possible "green shoot" indicating the slow return to growth, Government figures have revealed consumer prices rose by 0.4% last month. The rise is the first increase since September of last year. The Consumer Price Index (CPI) published today shows prices in August increased by 0.
03 March 2009
Energy Prices To Fall By 12%
The Government has announced that consumers could see their energy prices fall from next month. According to their announcement today, electricity prices could be going down by as much as 10%, while gas prices are also being reduced by 12%.
Energy Prices To Fall By 12%
The Government has announced that consumers could see their energy prices fall from next month. According to their announcement today, electricity prices could be going down by as much as 10%, while gas prices are also being reduced by 12%.
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Ireland WeatherToday:Storm Bert will move east through the Northern Isles today. Though weakening it will still bring strong to gale winds to many in Northern Ireland and showers to all, these frequent, occasionally heavy across northern districts. Maximum temperature 10 °C.Tonight:Strong west to northwest winds easing overnight. Showers, most frequent during the evening and in north but dwindling overnight to leave most dry and bright come dawn. Minimum temperature 1 °C.
