Exchange Rate in Ireland
Ireland - Exchange RateAvailable data suggests that the economy lost pace again in the third quarter. While industrial activity rebounded in Q3, both the manufacturing and services PMI lost ground compared to Q2, suggesting business activity could have weakened in the quarter. Moreover, retails sales growth eased amid a continued fall in consumer sentiment, likely reflecting softer household consumption in the period. Going forward, indicators for October paint a mixed picture for the onset of the fourth quarter: The economic sentiment indicator slumped to an over six-year low; consumer confidence soured further as Brexit uncertainties weighed on the outlook for household spending; while the services PMI sank to an over seven-year low. That said, the manufacturing PMI rose in the same month and returned to positive territory for the first time since May, on the back of an increase in new business, renewed output growth and faster job creation.
Ireland - Exchange Rate Data
|Exchange Rate (vs USD)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Ireland Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||-0.33||0.27 %||Sep 04|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||5,962||-0.39 %||Sep 04|
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November 5, 2019
Business conditions in the Irish service sector weakened in October, reflected by a fall in the AIB service Purchasing Managers’ Index (PMI) to 50.6 from 53.1 in September.
Ireland: Consumer confidence plunges to over six-year low in October amid elevated Brexit uncertainty
November 5, 2019
The KBC Bank Ireland/ESRI consumer sentiment tumbled even deeper into pessimistic territory in October, falling for the fourth consecutive month for the first time since late 2012.
November 4, 2019
The highly volatile Irish manufacturing industries production index accelerated markedly in September, rising 9.4% in seasonally-adjusted, month-on-month terms, following a revised 1.4% expansion in August (previously reported: +1.3% month-on-month).
November 1, 2019
Business conditions in the Irish manufacturing sector improved in October after deteriorating for four consecutive months.
October 22, 2019
On 8 October, Finance Minister Paschal Donohoe unveiled the draft 2020 budget to the lower house of Parliament, preparing for a worst-case Brexit scenario.