Exchange Rate in Ireland
Ireland - Exchange RateDespite a notable expansion in domestic demand, growth weakened significantly in the third quarter as exports decelerated markedly amid lackluster growth across the Eurozone. This contrasts the second quarter’s relatively upbeat performance, with the economy oscillating between periods of weak and sturdy growth, underscoring the significant presence of multinationals in the country that causes a marked degree of volatility in GDP readings. Available indicators point to a solid performance at the outset of the fourth quarter. Export growth almost doubled in October from the previous month, and retail sales continued to expand robustly, although lost some strength from September. Conversely, both the manufacturing and services PMIs were lower, on average, in the first two months of the final quarter compared to Q3, and consumer confidence remained in pessimistic territory due to concerns linked to Brexit.
Ireland - Exchange Rate Data
|Exchange Rate (vs USD)||1.38||1.21||1.09||1.05||1.20|
5 years of economic forecasts for more than 30 economic indicators.
Ireland Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||0.52||0.27 %||Jan 14|
|Exchange Rate||1.15||0.65 %||Jan 14|
|Stock Market||5,671||-0.39 %||Jan 14|
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December 13, 2018
Quarterly national accounts data published by the Central Statistics Office on 13 December revealed that the Irish economy slowed markedly in the third quarter, owing to a notable deceleration in exports.
December 6, 2018
The KBC Bank Ireland/ESRI consumer sentiment index rose in November but remained in pessimistic territory.
December 5, 2018
The highly volatile Irish manufacturing industries production index contracted from the previous month in October, declining 0.2% in seasonally-adjusted, month-on-month terms.
December 5, 2018
The Investec service Purchasing Managers’ Index (PMI) came in at 57.1 in November, marginally down from 57.2 in October, marking the weakest pace of expansion since March.
December 3, 2018
The Investec manufacturing Purchasing Managers’ Index (PMI) climbed to 55.4 in November from 54.9 in October.