Interest Rate in Ireland
Ireland - Interest RateGrowth appears to have eased in the second half of last year from a stellar showing in H1, largely owing to the impact of Brexit uncertainty on consumer confidence and business investment decisions. Nevertheless, overall the economy performed strongly in 2018, powered by strong exports growth and recovering domestic demand. Rising wages and broad-based employment gains, with the unemployment rate tumbling to a decade low by year-end, supported consumer spending. In addition, construction activity remained buoyant. As the deadline for Brexit—slated for 29 March—edges nearer, however, the increasing possibility that the UK crashes out of the EU without a deal continues to weigh on sentiment. Accordingly, the economic sentiment indicator dived to a nearly two-year low in January, the manufacturing and services PMIs dipped again in the month, and consumer confidence remained in negative territory.
Ireland - Interest Rate Data
|Policy Interest Rate (%)||0.25||0.05||0.05||0.0||0.0|
5 years of economic forecasts for more than 30 economic indicators.
Ireland Interest Rate Chart
Source: European Central Bank.
|Bond Yield||0.28||0.27 %||Mar 11|
|Exchange Rate||1.12||0.65 %||Mar 11|
|Stock Market||6,119||-0.39 %||Mar 11|
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
March 14, 2019
National accounts data published by the Central Statistics Office on 14 March showed that the economy slowed markedly for the second consecutive quarter in Q4 2018.
March 5, 2019
Activity in the Irish service sector accelerated in February, with the Investec service Purchasing Managers’ Index (PMI) rising to 55.9, from 54.2 in January.
March 5, 2019
The highly volatile Irish manufacturing industries production index rebounded markedly in January, rising 16.3% in seasonally-adjusted, month-on-month terms, from a revised 12.9 contraction in December (previously reported: +14.2% month-on-month).
March 4, 2019
The KBC Bank Ireland/ESRI consumer sentiment index fell sharply in February, tumbling to 86.5 in the month from 98.8 in January.
March 1, 2019
The Investec manufacturing Purchasing Managers’ Index (PMI) rose to 54.0 in February from 52.6 in January.