Monthly retail sales sink by 3.3% in November – CSO
New figures from the Central Statistics Office show that annual growth in retail sales volumes slowed to 1.4% in November from growth of almost 4% in the previous two months. Retail sales volumes were 3.3% lower in November than October, today’s figures showed, with sales of medical and cosmetic goods and food, beverages and tobacco […]
NTMA to hold one bond auction in Q1 after early syndicated sale
The National Treasury Management Agency said it will hold one bond auction in the first quarter of the year on March 12. The NTMA covered around a third of its funding target for 2020 with a syndicated sale yesterday. It kicked off its funding drive by raising €4 billion via a new 15-year bond sale […]
Numbers signing on Live Register fall again in December – CSO
The number of people signing on the Live Register is at the lowest level since January 2008, new figures from the Central Statistics Office show. The CSO said the Live Register total recorded a monthly decrease of 1,100 in December, which brought the seasonally adjusted total to 185,300. In unadjusted terms, a total of 181,996 […]
Businesses warned to deal with cashflow implications of Brexit
Businesses are being advised to put a number of preparatory steps in place to deal with the financial and cashflow implications of Brexit. Britain is scheduled to leave the EU at the end of this month when an eleven month transition period begins. The Banking and Payments Federation has produced a useful checklist of essential […]
Minimum wage set to increase by 30 cent an hour from February
The National Minimum wage will increase to €10.10 in February, the Minister for Employment Affairs and Social Protection has announced. That represents an increase of 30 cent on the current rate of €9.80 per hour. It is estimated that over 127,000 workers would benefit from the increase. Minister Regina Doherty said the Government had decided […]