Ireland’s national income, a key measure of economic growth, rose by 4.8% last year according to the latest figures from the Central Statistics Office. The figure, which excludes the effect of multinationals, compares to growth of 5% a year earlier. The figures mean that the economy continued to enjoy robust growth last year. Personal spending

US President Donald Trump has said he is planning to announce tariffs on imported semiconductor and pharmaceuticals, saying the rate for medicines could reach 200% but that he would give drugmakers about one year “to get their act together”. “We’re going to give people about a year, a year and a half to come in

A national campaign has been launched to raise awareness of the new pension auto-enrolment scheme which is now called “My Future Fund”. The multimedia advertising campaign will inform people about how the new system will work, who can participate, and what it will mean for them. The scheme will be rolled out from 1 January

US President Donald Trump has signed an executive order delaying the date on which so-called “reciprocal tariffs” affecting dozens of economies, including the EU, will take effect. The Wednesday deadline for steeper levies will be pushed back to 1 August, according to the order. Earlier, White House Press Secretary Karoline Leavitt told reporters the deadline

The level of home building slipped for the second successive month in June, according to AIB’s latest Construction PMI report. AIB’s Ireland Construction Total Activity Index also posted below the 50 no-change mark for the second month in a row in June – falling to 48.6 in June from a reading of 49.2 in May.

Asking prices for houses and apartments are rising at 7% annually, according to the latest quarterly report by property website MyHome.ie in conjunction with Bank of Ireland. The report said asking prices outside Dublin are rising by 7.9% and prices in the capital are up 5.1%. According to the report, the average mortgage approved in

Tánaiste Simon Harris has said the coming hours will be crucial ahead of Wednesday’s deadline for the end of the US “pause” on higher tariff rates. Mr Harris will spend much of the day engaging with officials and the EU Trade Commissioner as a final push is made to find a way forward between the

Investor sentiment in the euro zone improved more than expected in July to hit its highest level in more than three years, a survey showed today, as the bloc’s economic recovery broadened. The Sentix index for the euro zone rose to 4.5 from 0.2 in June, beating the 1.1 forecast from analysts polled by Reuters