Interest Rate in Ireland

Ireland Interest Rate | Economic News & Forecasts

Ireland - Interest Rate

The economy seems to be faring well despite the fraught external backdrop, with available data pointing to a healthy end to the first quarter. Industrial activity rebounded in February and surged in March, while retail sales growth improved in the two months, although averaged lower in the quarter compared to Q4 2018. Turning to Q2, while both the manufacturing and services PMIs fell in April, the losses were moderate and the readings indicated solid expansions in the sectors nonetheless. On the downside, consumers turned more pessimistic in the same month over their personal finances and the general economic conditions in the year ahead. This was despite unemployment tumbling to an over 12-year low and bodes poorly for household spending. In other news, recently released fiscal figures for 2018 affirmed the high dependence of the Irish state on multinationals for revenue, which poses a risk to the outlook in the long-term.

Ireland - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)0.25  0.05  0.05  0.0  0.0  

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Ireland Interest Rate Chart

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

Ireland Facts

Bond Yield-0.070.27 %Jun 14
Exchange Rate1.120.65 %Jun 14
Stock Market6,155-0.39 %Jun 14

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