The services sector covers areas as diverse as communication, financial and business services, IT and the tourism trade. The country’s services sector The country’s services sector grew at a strong rate again last month, reigniting inflationary pressures as both input costs and prices charged accelerated primarily on the back of higher wage demands, a survey…
Tag Archives: Mark Kennedy & Co.
Inflation in Ireland, as measured by the Harmonised Index of Consumer Prices, is estimated to have moderated to an annual rate of 4.8% in June. This comes from 5.4% in May following new figures from the Central Statistics Office show. Today’s CSO flash inflation figures show that energy prices are estimated to have increased by…
In a recent survey, the Credit Union Consumer Sentiment found that more than a third of Irish consumers are struggling to cope with the impact of inflation. Grocery price inflations have also hit a new record high of 16.4% this year. However, the Central Bank forecasts inflation to drop this year. Here’s more of what…
2022 saw a record amount of taxes collected in Ireland. Luckily, this also means an increase in tax returns to aid those struggling with Ireland’s current financial state. The following articles contain all you need to know about the changes to taxes in Ireland. Exchequer collected record €83bn in tax last year A record amount…
The world is starting to think differently about employment and Ireland is no exception. Remote work and a demand for better employment conditions and pay are changing the ways in which employment is approached. Mark Kennedy & Co. observe the changes in unemployment rate and employment laws. October unemployment rate steady at 4.4% – CSO…
Mark Kennedy & Co. have written informing readers about the recent European Central Bank (ECB) rate hike and the effects it has had. Keep reading to stay updated on current events in the banking sector. Banks to write to tracker customers following ECB rate hike The main retail banks have said they will be writing…
Households and businesses can dramatically cut down on expenses and costs by making simple changes. From cutting down on day-to-day spending habits, switching providers or just having a change of mindset. Discover more as this blog discusses these issues further. Households still saving 19% of their incomes – CSO New Central Statistics Office figures show…
Many high growth companies across Ireland have announced the creation of new job opportunities. The jobs are centred in the technology and business service sectors, including sales and marketing, software development, engineering etc. Continue reading for further information. 241 new jobs in eight IDA Ireland high growth companies The IDA Ireland has announced the creation…
Price rises are causing the cost of living in Ireland to increase. Rising inflation, in large part due to the pandemic and the war in Ukraine, is affecting all prices from everyday costs to larger purchases such as motors and housing. Continue reading to find our blog posts that highlight financial issues caused by price…
Euro zone finance ministers have agreed to tighten fiscal policy a little next year after three years of pumping billions into the economy due to the coronavirus pandemic, but also to be ready with more cash should the war in Ukraine make it necessary. “The fundamentals of the euro area economy are strong,” the ministers…