Exchange Rate in Ireland
Ireland - Exchange RateAfter the economy endured a harsh winter of restrictions in Q1, available data points toward much improved underlying dynamics in Q2. This cheerier economic landscape owed itself to a strong vaccination campaign and a subsequent lightening of restrictions, as patrons returned to pubs and restaurants. Turning to Q3, the recovery seems to be continuing in earnest as vaccine uptake improves. The unemployment rate ticked down in July, while retail sales continued to expand and the services PMI rose through August. However, booming demand is coming up against supply bottlenecks, as suggested by recent PMI data and rising inflation. More positively, plans are in the works for restrictions to be further loosened, with a roadmap to be published on 31 August, boding well for the recovery ahead.
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||-0.09||0.27 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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September 2, 2021
GDP growth moderated to 6.3% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, from 8.7% in the first quarter.
August 26, 2021
Consumer confidence rose to 86.5 in August from July's 84.9.
August 9, 2021
Manufacturing output declined at a marginally sharper rate of 4.6% in month-on-month seasonally-adjusted terms in June, following May’s 4.4% slide.
August 5, 2021
The AIB services sector Purchasing Managers’ Index (PMI) rose to 66.6 in July, following June’s 63.1 print and logging the highest reading in over two decades.
August 3, 2021
The AIB manufacturing Purchasing Managers’ Index (PMI) edged down to 63.3 in July, following June’s 64.0.