Person: Oliver Mangan

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>The 'Irish Examiner' has already reported that 10 firms contribute 57% of Irish corporation tax revenues — but IFAC now says three corporate groups account for one third of all such revenues. File picture: Laura Hutton/RollingNews</p>

economy

Coalition warned not to use 'excess' revenues for tax cuts

Irish Fiscal Advisory Council urges Government to put 'excess' corporate tax receipts into a reserve fund

Oliver Mangan: Job numbers continue to rise despite Big Tech layoffs

Oliver Mangan: The British economy is down, but not out

Oliver Mangan: Sweet spot means we can tackle housing and services constraints

Oliver Mangan: US data will need close watching in the months ahead for signs of a recession

Oliver Mangan: Widening profit margins helping drive underlying inflation

Oliver Mangan: Markets start to price in rate cuts for this year

The stresses that have emerged in parts of the global banking system, and the associated volatility this has generated on financial markets are now weighing on central banks' monetary policy decisions.

Mon, 27 Mar, 2023

Hands of a female clerk who disinfects alcohol

Employers 'completely dependent' on non-EU workers, tourism chiefs say

Filling jobs remains one of the biggest challenges of the hospitality sector

Tue, 07 Mar, 2023

Oliver Mangan: Inflation proving tough to crack

A tight labour market putting upward pressure on wages along with weak supply output in areas such as housing could make restoring price stability a tough challenge for central banks

Mon, 06 Mar, 2023

Upbeat Irish manufacturers continue to hire more staff but cost pressures are still looming

AIB Purchasing Managers Index is increasingly positive with a rise in new orders in February for the first time in nine months

Wed, 01 Mar, 2023

Oliver Mangan: Central banks to keep the pedal to the floor over rate hikes

Banks indicating policy will need to be kept tight for a long time to return inflation to target

Mon, 27 Feb, 2023

Oliver Mangan: Difficult to see sterling recover lost ground on bleak outlook for UK

British economy underperforming due to ongoing negative impact of Brexit, anaemic labour force growth and declining inward migration from the EU

Mon, 20 Feb, 2023

Oliver Mangan: US employment surges as inflation declines

Is the soft landing for the US economy, that even the US Federal Reserve had doubts could be achieved, coming into view? US Treasury Secretary Janet Yellen seems to think so: She said last week she sees a path for the US economy to avoid recession, ...

Mon, 13 Feb, 2023

Oliver Mangan: Markets are not convinced that inflation will fall back to 2%

Given the weak economic outlook, interest rates would be expected to be much lower than markets are predicting if inflation has been vanquished in two years’ time

Mon, 05 Dec, 2022

Oliver Mangan: Few workers leave Irish economy very reliant on labour from overseas

Strong inflows of foreign direct investment have been a key factor behind the extraordinary growth in output, exports and employment enjoyed by the Irish economy in the past couple of years.

Mon, 28 Nov, 2022

Irish factories record drop in new orders, easing supply pressures

Inflationary pressures remain high for factories despite some easing in supply and capacity constraints

Mon, 03 Oct, 2022

Oliver Mangan: The view now is that rates will have to remain high over the medium term

Expectations for policy easing during 2023 have largely evaporated everywhere, with eurozone rates expected to be about 2.75% in three years’ time

Mon, 26 Sep, 2022

Oliver Mangan: Surging gas prices remain big inflation risk

Food, alcohol, and tobacco price inflation in Ireland is running at 8%, housing and utility bills at 22%, transport at 19%, and restaurants and hotels at 7.5%

Mon, 22 Aug, 2022

Oliver Mangan: Mighty dollar will continue to strengthen against the euro

As long as US Federal Reserve keeps raising rates faster than ECB

Mon, 15 Aug, 2022

Oliver Mangan: British economy running on empty with inflation seen peaking at eye-watering 13%

Bank of England forecasts recession for British economy next year, with incomes declining by almost 4%

Mon, 08 Aug, 2022

Irish manufacturing slows sharply as inflation pressures mount at near record pace

AIB Purchasing Managers’ Index found that firms are hiking prices as input costs increased

Tue, 02 Aug, 2022

Stocks Rally, Yields Sink on Powell's Reassurance

Oliver Mangan: Markets call the odds of recession in US

The US economy contracted in both the first and second quarters this year, though the falls were modest, the latest official figures show. No doubt, this will only add to the debate about whether or not the economy is in recession.

Mon, 01 Aug, 2022

Oliver Mangan: ECB may stop raising interest rates by the end of next year

Financial markets remain very volatile as they are buffeted by the twin forces of slowing global activity and a continued rise in inflationary pressures.

Mon, 04 Jul, 2022

Christine Lagarde Holds Press Conference Following ECB Governing Council Meeting

Oliver Mangan: Avoiding recession and achieving a soft landing going to be tough for central banks

Slowing activity without pushing the economy into recession is hard to do at times of high inflation

Mon, 16 May, 2022

Rise in manufacturing input costs remains 'intense'

'Companies widely reported passing on higher costs to customers,' the latest AIB Purchasing Managers’ Index reported.

Tue, 01 Mar, 2022

Irish factory cost inflation rises fastest in 23-year history of survey as output booms

Conditions are described as 'robust', despite surge in prices of energy and raw materials caused by supply chain bottlenecks

Mon, 01 Nov, 2021

Oliver Mangan: GDP figures mask difficult year for Ireland's domestic economy

The economy started to emerge from lockdown in April and all the signs are of an exceptionally strong rebound in domestic activity since then

Mon, 09 Aug, 2021

Commuters As Companies Expand In City In A 'Silent Brexit'

Oliver Mangan: Covid leaving deep scars on Irish economy, but glass still half full, not half empty

Strong exports and the successful vaccination programme have laid the basis for a sustained and robust recovery

Mon, 05 Jul, 2021

Oliver Mangan: Why the return of the Roaring Twenties is unlikely

Given the growing optimism about a strong economic rebound, minds are turning to when the Bank of England might tighten policy

Mon, 10 May, 2021

Oliver Mangan: Markets not celebrating Covid-19 rear-view mirror growth figures

Economist Oliver Mangan says retail spending figures point to a strong rebound over the summer but stock market are still falling back

Tue, 03 Nov, 2020

US election adding to long-term uncertainty for dollar

The currency appreciated in the 1990s, fell during the first decade of this century before appreciating over the past decade. It is now at elevated levels

Mon, 19 Oct, 2020

Oliver Mangan: Not the time for governments to pare back Covid-19 economic supports

The number of new coronavirus cases has increased in recent weeks in many countries, posing a growing threat to the economic recovery. Governments, particularly in Europe, are responding by introducing partial lockdowns and increased restrictions.

Mon, 28 Sep, 2020

Oliver Mangan: As stock markets soar, others are less convinced about the Covid-19 rebound

Stock markets continue to be underpinned by the run of good data from economies emerging from the great lockdown imposed to contain the spread of Covid-19.

Mon, 06 Jul, 2020

Oliver Mangan: Even a bare-bones Brexit deal would be preferable at this point

The EU-UK trade talks have made very little progress over the first half of the year.

Mon, 29 Jun, 2020

Oliver Mangan: Stock markets buoyed by government money and vaccine hopes

The recovery in stock markets from their mid-March lows continues unabated despite the plethora of weak economic data and the cautious approach of governments to lifting restrictions in re-opening their economies.

Tue, 02 Jun, 2020

Markets buoyed by slim manufacturing improvement

Early suggestions that European manufacturing activity may have suffered its worst with its April collapse and could be recovering buoyed stock markets, along with fears of escalating tensions between the US and China not materialising as yet.

Tue, 02 Jun, 2020

Oliver Mangan: The grim economic news rolls in from across the world

Economic data for the first quarter of the year are beginning to roll in from across the world and show big falls, with output plunging in March as the coronavirus and measures to contain it took hold.

Mon, 04 May, 2020

Oliver Mangan: ECB has the firepower and political backing to prevent post-Covid debt crisis

Eurozone leaders met again last week for discussions on designing a recovery plan to tackle the enormous Covid-19 economic crisis and the European Commission has now been tasked with the job.

Mon, 27 Apr, 2020

AIB chief economist anticipates 'short but sharp' Covid-19 recession

It shows the biggest drop-off in business activity in one month recorded in 20 years of the poll.

Fri, 03 Apr, 2020

Irish factories and manufacturing jobs hit by 'sudden, severe downturn' from Covid-19 fallout

The output of Irish factories and manufacturing employment slid at their fastest rates since the banking and property crash 11 years ago and will likely fall again, as the effects of the lockdowns across many countries weigh further on orders, according to a major survey.

Wed, 01 Apr, 2020

Oliver Mangan: Only time will tell how long this crisis will last

It is now clear that the coronavirus will result in a major hit to global growth in 2020, with many economies entering recession in the first half of the year, writes Oliver Mangan

Mon, 16 Mar, 2020

Oliver Mangan: The best and worst-case scenarios for the world economy

The OECD’s analysis of the impact of the coronavirus on the world economy published last week sets out two scenarios. In the base case, the epidemic peaks in China in quarter one and the outbreaks elsewhere prove mild and contained.

Mon, 09 Mar, 2020

Oliver Mangan: Countdown to November’s US election could pose currency risk

The dollar retains the upper hand on foreign exchange markets, with the currency hitting three-year highs on a trade-weighted basis in recent days.

Mon, 24 Feb, 2020

Oliver Mangan: Global green shoots to be snuffed out

There are green shoots despite the slowdown in global economic

Tue, 11 Feb, 2020

Oliver Mangan: Long road to clinching Brexit free trade deal

The UK’s departure from the EU last Friday was a tame enough affair in the end.

Mon, 03 Feb, 2020

Irish factories shed their Brexit gloom to book more orders, increase output and create new jobs

Irish factories shed much of their Brexit gloom as they expanded output last month, according to a major survey.

Mon, 03 Feb, 2020

Oliver Mangan: With low-interest rates, opportune time to ramp up public investments on climate change

Last year, monetary policy returned to an easing mode, in response to a marked slowdown in global growth, and the IMF estimates that the monetary easing added 0.5% to world growth in 2019.

Mon, 27 Jan, 2020

Oliver Mangan: Ingredients in place for more sterling volatility

We have entered a period of remarkably narrow trading ranges for most of the major currency pairs.

Mon, 20 Jan, 2020

Oliver Mangan: Irish economy strong despite many challenges

The CSO has now published national accounts data measuring the performance of the Irish economy for the first three quarters of 2019.

Mon, 30 Dec, 2019

Oliver Managan: No sign of recovery for euro against the dollar

The dollar has been at elevated levels for the past five years.

Mon, 09 Dec, 2019

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