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House prices down 3.3% so far this year, rents up 0.2% – Daft.ie

8th July 2020

House sale prices fell by an average of 3.3% in the year to June, according to the latest Daft.ie Housing Market Report.  Daft.ie’s new monthly report looks at the health of both the sale and rental markets, with figures showing a 0.2% rise in rents nationwide in the year to June this year. The report reveals […]

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House prices down 3.3% so far this year, rents up 0.2% – Daft.ie

8th July 2020

House sale prices fell by an average of 3.3% in the year to June, according to the latest Daft.ie Housing Market Report.  Daft.ie’s new monthly report looks at the health of both the sale and rental markets, with figures showing a 0.2% rise in rents nationwide in the year to June this year. The report reveals […]

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Irish economy to fall 8.5% in 2020 before 2021 recovery

7th July 2020

The European Commission has said that Ireland’s GDP is projected to contract by 8.5% in 2020. The economy here is then expected to grow by 6.25% in 2021, on the back of the pent-up domestic demand release and the global post-crisis recovery.  In its latest economic outlook, the Commission said that economic activity here is expected […]

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Irish economy to fall 8.5% in 2020 before 2021 recovery

7th July 2020

The European Commission has said that Ireland’s GDP is projected to contract by 8.5% in 2020. The economy here is then expected to grow by 6.25% in 2021, on the back of the pent-up domestic demand release and the global post-crisis recovery.  In its latest economic outlook, the Commission said that economic activity here is expected […]

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Euro zone retail sales in record rebound in May as lockdowns eased

7th July 2020

Consumers in the euro zone returned en masse to shops in May as lockdowns were eased, estimates from the EU statistics agency showed today, signalling a sharp recovery of sales after record drops in March and April.  Sales in the 19 countries sharing the euro zone rose by 17.8% in May from April, Eurostat said, […]

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Euro zone retail sales in record rebound in May as lockdowns eased

7th July 2020

Consumers in the euro zone returned en masse to shops in May as lockdowns were eased, estimates from the EU statistics agency showed today, signalling a sharp recovery of sales after record drops in March and April.  Sales in the 19 countries sharing the euro zone rose by 17.8% in May from April, Eurostat said, […]

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Euro zone set for deeper recession, weaker rebound

7th July 2020

The euro zone economy will drop deeper into recession this year and rebound less strongly in 2021 than previously thought, the European Commission forecast today, with France, Italy and Spain struggling the most due to the Covid-19 pandemic.   The EU executive said the 19 nation single currency area would contract by a record 8.7% […]

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Euro zone set for deeper recession, weaker rebound

7th July 2020

The euro zone economy will drop deeper into recession this year and rebound less strongly in 2021 than previously thought, the European Commission forecast today, with France, Italy and Spain struggling the most due to the Covid-19 pandemic.   The EU executive said the 19 nation single currency area would contract by a record 8.7% […]

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NTMA to auction three different bonds this week

6th July 2020

The National Treasury Management Agency said today it plans to raise between €1-1.5 billion through the sale of seven, ten and 30-year debt on Thursday.  The NTMA has raised €18.5 billion from bond issuance so far this year from a €20-24 billion funding range. Its target was increased earlier this year to shore up government […]

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Numbers on Pandemic Unemployment Payment fall as economy picks up pace

6th July 2020

The number of people receiving the Covid-19 Pandemic Unemployment Payment has fallen from 439,000 last week to 412,900. This marks a decline of 26,100 over the last seven days, according to the latest figures from the Department of Employment Affairs and Social Protection. However, 63,000 PUP recipients have closed their claims in the last seven days […]

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