Employment jumps but costs could cool further growth

There was an increase of 12.3% in the price of wholesale electricity, but it was more than 38.4% lower than the same time a year earlier

Ireland's employment rate maintains momentum while inflation continues to fall.

New figures showed employment levels jumped annually by 3.4% to reach 2.7 million people, according to the Central Statistics Office (CSO).

However, high costs continue to linger, which may put pressure on businesses operating in the current tight labour market.