The Irish economy is to continue to grow in 2022 despite forecasts that inflation will average at 7.1 per cent in 2022, according to a report by the Economic and Social Research Institute (ESRI).

The Irish economy is to continue to grow in 2022 despite forecasts that inflation will average at 7. 1% in 2022, according to a report by the Economic and Social Research Institute (ESRI).

Micheál Martin said the cost of living crisis is very serious, and the Government will take further action in the forthcoming budget.

Sri Lanka’s prime minister has said its debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity.

Micheál Martin said the October budget will make a substantial difference to those in hardship but ruled out further measures over the summer.

The European Central Bank (ECB) has vowed to create an unspecified market backstop that could be used to buffer some countries against bond market turmoil similar to what shook the 19-country eurozone during a debt crisis more than a decade ago.

Russia’s central bank cut interest rates back to their pre-war levels on Friday, saying inflation and economic activity were developing better than expected despite sweeping Western sanctions imposed in response to the war in Ukraine.

The Finance Minister said the Government's next anti-inflation measures will be taken in October's budget

The European Central Bank (ECB) said on Thursday that it would carry out its first interest rate increase in 11 years next month, followed by another hike in September.

Up to 740,000 Irish households could pay an average of €960 more per year if the European Central Bank raises interest rates by half of a point

Coalition will seek further measures to help parents, along with Core Funding which has yet to fully impact childcare costs

The measures have caused grumbling in Sunak's party and could harm his already fading chances of succeeding Boris Johnson as prime minister

European Central Bank (ECB) colleagues lined up to back President Christine Lagarde’s plan to exit negative interest-rate policy by the end of the third quarter, though some stressed that more aggressive action can’t be ruled out.

A mild US recession for the end of 2022 and early 2023 is now the base case for Wells Fargo Investment Institute's economic expectations.

The European Union has slashed its forecasts for economic growth in the 27-nation bloc amid the prospect of a drawn-out Russian war in Ukraine and disruptions to energy supplies. The EU’s gross domestic product (GDP) will expand 2. 7% this year and 2.

The OECD has warned that so-called high-frequency indicators are pointing to a slowdown in European economic growth 

British GDP fell slightly, down by 0.1% from February, and could fall further if consumers significantly cut spending in the coming months.

A hoped-for pickup in growth in the second quarter after the lifting of pandemic restrictions hasn’t materialised and inflation has exceeded expectations

The announcement of the Funding The Future plan for third-level education promises a gradual decrease in the annual registration fee for college students. But without detail on how this will be funded, there is the fear that the cohort of society least likely to attend college will probably bear the cost for those who are most likely to attend.

Sri Lanka’s president declared a state of emergency on Friday amid widespread public protests demanding his resignation over the country’s worst economic crisis in recent memory.

Sri Lankan police have used tear gas and a water cannon to disperse student protesters who were camped outside parliament criticising legislators for not ousting President Gotabaya Rajapaksa and his government over the country’s worst economic ...

New data from the CSO shows that disposable incomes increased last year, but some sectors are still struggling with the rising cost of living

European stocks closed lower today, in a session that marked sharp losses after a sudden brief crash, while downbeat China factory data sparked worries of a sharp economic slowdown.The pan-European Stoxx 600 index dropped 1.5%, set to snap a ...

Prices raised by firms to offset soaring supply chain costs.

The Belgian financial giant said it will start sending out the first batch of account closure notification letters to customers in June

Ireland is a very different country and economy from that of the 1970s and 1980s and the response this time around will need to be very different

Both the real economy and prices are showing rapid growth

With their spending power eroding and uncertainties looming, Irish consumers are having to rethink their spending choices

The concept of location is fundamental to taxation and in an era of globalisation, outmoded ideas of what location means are tripping up the tax system

The German car manufacturer says war in Ukraine is already impacting its supply chains and material costs.

The Central Statistics Office’s latest Consumer Price Index shows that house prices continue to grow faster outside of Dublin.

86% of Irish people say they are worried about the rising cost of living - a 4% increase in a month.

Limerick alumina processing plant had previously been under threat due to sanctions on Rusal founder Oleg Deripaska

Tightening our belts during high inflation makes sense, but it could contribute to a downward spiral for our economy

Tánaiste sounds a cautious note about energy prices, but suggests Irish economy could escape the worst of the global downturn

Online shopping from Irish-based websites has increased post-Brexit after Irish consumers experience issues with their deliveries from UK online providers.

One seller saw gold and silver sales rise 235% in the first week following Russia’s invasion.

The move was a tough choice because the war also has exposed Europe to a potential hit to economic growth and any moves to counter rising consumer prices could endanger that growth

Ireland is rolling out a series of extraordinary measures, including a plan to shelter up to 80,000 refugees from Ukraine

New figures show Ireland's finances remain in a healthy state as the economy emerges from the Covid crisis

Ireland imports many of its grocery items from across the Irish Sea and survey is a sign of more expensive goods here in the coming weeks

The lifting of restrictions on Monday means retail and hospitality workers and customers no longer have to wear a mask. It also means masks are no longer legally required on public transport

Workplaces look to make the labour experience a more enjoyable and balanced place, as companies struggle to fill vacancies.

Irish consumers could soon feel the impact of war in their pockets