Syndicated News

11 Nov

Household debt falls to lowest level since 2006 – Central Bank

Household debt has fallen to its lowest level in almost seven years, according to figures from the Central Bank. Debt levels fell €1.7 billion in the second quarter of 2013 to €170.3 billion, according to the authority’s latest quarterly financial accounts, putting it at its lowest level since the second half of 2006.

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06 Nov

Irish economy stabilising, but challenges remain – Commission

The European Commission has revised downwards its predictions for Irish economic growth for this year and next, mainly due to weaker than expected exports and domestic demand. In its latest Autumn forecast, the Commission predicts that the Irish economy – as measured by GDP – is expected to grow by 0.3% this year, by 1.7%

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05 Nov

Services sector grows rapidly in October as new business soars

The country’s services sector grew rapidly in October thanks to the fastest rise in new business in over six years. The Investec Purchasing Managers’ Index (PMI) of services sector activity rose for the 15th month in a row to 60.1 in October, up from 56.8 in September. That was far above the 50 mark that

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