Category Added in a WPeMatico Campaign
Euro zone inflation accelerated in November and its most closely watched components remained high, data showed today, adding to the case for a more cautious European Central Bank interest rate cut next month. Consumer price inflation in the 20 countries sharing the euro stood at 2.3% in November, according to the data from Eurostat. That […]
Read More… from Euro zone inflation edges up, ‘underlying’ price growth steady
The country’s manufacturing sector saw a slight downturn in November, with a survey today showing a contraction in activity as new orders weakened. The latest AIB Ireland Manufacturing PMI fell to 49.9 from 51.5 in October. A PMI reading above 50 indicates growth, while below that level signals a contraction. This marks the third time […]
Read More… from Manufacturing activity contracts slightly in November – PMI
A new research group designed to advance accountability in artificial intelligence (AI) has been launched at Trinity College Dublin. The AI Accountability Lab will examine the broader impacts of AI and hold powerful entities accountable for technological harms. The team behind the lab said that AI technologies have been shown to encode and exacerbate existing […]
Read More… from AI accountability lab launched at Trinity College Dublin
Consumer prices rose by 0.5% in the year to November compared to 0.1% in October – the highest level in three months – a flash estimate of the Harmonised Index of Consumer Prices (HICP) from the Central Statistics Office shows today. Recent sharp falls had put inflation among the lowest in the euro zone last […]
Read More… from Inflation increases to 0.5% in November – flash estimate
New Central Statistics Office figures published today show that retail sales fell by 0.1% on a monthly basis in October to stand 0.9% higher than a year earlier. The CSO said that excluding car sales, the monthly volume of retail sales was down by 0.2% in October and rose by 0.9% in the year when […]
Read More… from Monthly retail sales dip by 0.1% in October – CSO
Slowing fuel demand growth in top consumers China and the US has weighed heavily on oil prices this year, although supply cuts from OPEC+, which groups the Organization of the Petroleum Exporting Countries with Russia and other allies, have limited the losses. OPEC+, which pumps about half the world’s oil, will meet on Sunday. Two […]
Cost competitiveness is the the top issue for American companies looking to expand in Ireland, new data shows. The latest survey of American Chamber members shows that 32% cited it as their top worry, up from 19% in the previous survey back in July. Housing also continues to be a big issue, with 30% of […]
Read More… from Cost competitiveness a top issue for US companies here
The National Treasury Management Agency said today it plans to issue €6 billion to €10 billion of bonds over the course of 2025 – the same range it set out for 2024. The NTMA ended up raising €6 billion this year due to the Government running a big budget surplus. The Department of Finance expects […]
Read More… from NTMA to issue €6-10 billion worth of bonds next year
There has been a rise in the use of cash-in-hand payments for staff in the hotel and catering sector, according to new research. Excel Recruitment’s 2025 Salary Guide for the hospitality sector has found that as businesses struggle to balance budgets, some have started paying cash to workers. “With some establishments turning to cash-in-hand payments, […]
Read More… from Surge of cash-in-hand pay in hospitality sector
US Federal Reserve officials expect inflation to keep cooling, signaling a gradual approach to interest rate cuts if price increases ease further and the job market remains strong, minutes of their recent meeting showed last night. If data came in about as expected with inflation moving towards policymakers’ 2% target, while employment remained solid, “it […]
Read More… from US Fed sees interest rates coming down ‘gradually’ – minutes
Member of:
Registered to carry on audit work by Chartered Accountants Ireland
© 2024 FMB Advisory Ltd. All Rights Reserved.
