Interest Rate in Ireland

Ireland Interest Rate | Economic News & Forecasts

Ireland - Interest Rate

Growth surged in the first quarter on stronger private consumption and a rebound in government spending. The external sector also boosted the economy, despite weaker export growth, as a marked cutback in fixed investment translated into a slump in imports. Growth seems to have moderated in the second quarter, however. Despite employment gains, retail sales growth was weaker, on average, in April–May. This signals a softer upturn in household consumption amid a dip in consumer confidence and higher inflation. Moreover, the industrial sector stumbled in April–May, while the manufacturing PMI fell throughout the quarter and swung into contractionary territory in June. That said, a pick-up in export growth in the first two months of Q2, along with solid activity in the services sector, likely cushioned the moderation.

Ireland - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)-     -     -     -     -     

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Ireland Interest Rate Chart

Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Ireland Facts

Bond Yield-0.200.27 %Jul 31
Exchange Rate1.110.65 %Jul 31
Stock Market6,111-0.39 %Jul 31

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