The Minister for Finance Michael McGrath has published an assessment by his department on the fiscal response to the cost of living challenge. The aim of the analysis is to outline the key objectives of the government’s strategy and to document and quantify the fiscal response. Commenting on the analysis set out in the report, […]
The latest PMI survey, from S&P Global, shows that the rate of growth in business activity in Dublin slowed sharply in Q3 leaving it at its weakest level since Q2 2021. The headline rate remained narrowly within expansionary territory at 50.4 as inflation dampened demand. Both the Manufacturing (48.1) and Construction (43.3) sectors posted reductions […]
The Minister for Social Protection, Heather Humphreys, and the Minister for Public Expenditure and Reform, Michael McGrath, have announced the payment dates for the €1.2 billion cost of living payments introduced as part of last month’s Budget. The Social Protection budget – the largest in the history of the State – will assist pensioners, carers, […]
The rising cost of living means consumers are rethinking their spending habits with hospitality and clothing the focus of purchasing cutbacks, writes Keith Watt, Head of Retail at KPMG Ireland. KPMG’s latest independent retail survey shows that more than 4 in 5 (84 percent) of consumers have already started tightening their belts when it comes […]