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13/11/2008
Inflation Eases To 4%
The latest figures from the Central Statistics Office (CSO) show that inflation has fallen to 4% last month from 4.3% in September.
The 0.3% fall is little tonic however for the Irish Government who continue to face the prospect of strikes from Aer Lingus staff, unprecedented unemployment and continuing protests over last months budget proposals.
The CSO said lower petrol and diesel prices and falls in the prices of clothes and footwear were the main factors in the fall.
However, spending in education rose due to increases in primary, secondary and third level education costs. There were also higher childcare costs and house insurance premiums.
There was a 2% fall in prices of clothes and footwear, while lower oil prices and airfares led to a 1.8% drop in transport costs.
The October figures did not include rises in excise duties announced in the Budget, as they took effect after the figures were compiled.
A spokesman for Fine Gael, who have regularly criticised the Government cuts, has also hit out at a recent move by Social Welfare Minister Mary Hanafin to cut the Back To Education Allowance (BTEA).
Olywn Enright said: "In this economic climate, it doesn't make sense to deny people on the minimum wage the BTEA. It is estimated that it is only €1 a week difference between those on a minimum wage and those in receipt of Jobseekers' Allowance who get Rent Supplement and Medical Card Benefits.
"Effectively the choice they have as a result of this Fianna Fáil policy is that, if you wish to return to Third Level Education, this Government is telling you, quit your job, go on the dole and in a year's time you'll be eligible."
(DW)
The 0.3% fall is little tonic however for the Irish Government who continue to face the prospect of strikes from Aer Lingus staff, unprecedented unemployment and continuing protests over last months budget proposals.
The CSO said lower petrol and diesel prices and falls in the prices of clothes and footwear were the main factors in the fall.
However, spending in education rose due to increases in primary, secondary and third level education costs. There were also higher childcare costs and house insurance premiums.
There was a 2% fall in prices of clothes and footwear, while lower oil prices and airfares led to a 1.8% drop in transport costs.
The October figures did not include rises in excise duties announced in the Budget, as they took effect after the figures were compiled.
A spokesman for Fine Gael, who have regularly criticised the Government cuts, has also hit out at a recent move by Social Welfare Minister Mary Hanafin to cut the Back To Education Allowance (BTEA).
Olywn Enright said: "In this economic climate, it doesn't make sense to deny people on the minimum wage the BTEA. It is estimated that it is only €1 a week difference between those on a minimum wage and those in receipt of Jobseekers' Allowance who get Rent Supplement and Medical Card Benefits.
"Effectively the choice they have as a result of this Fianna Fáil policy is that, if you wish to return to Third Level Education, this Government is telling you, quit your job, go on the dole and in a year's time you'll be eligible."
(DW)
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Ireland's house prices have fallen by 15.6% for the year to November, according to statistics from the Government. The Residential Property Prices report by the Central Statistics Office (CSO) found that the fall was deepening with the fall of 15.6% comparing to an annual rate of decline of 15.1% in October and a decline of 11.
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14 January 2009
Dublin Homes Down 15%
Dublin property values have fallen by 15%, according to a survey published by Irish Auctioneers and Valuers Institute. It is the second consecutive year that the capital has seen a fall in property prices, with a 10% drop the previous year, this suggests that prices have plunged 25% since their peak.
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Dublin property values have fallen by 15%, according to a survey published by Irish Auctioneers and Valuers Institute. It is the second consecutive year that the capital has seen a fall in property prices, with a 10% drop the previous year, this suggests that prices have plunged 25% since their peak.
18 November 2008
Property To Rent Soars 133%
Renting a house is now up to 5% cheaper than two years ago, as owners choose to rent their properties and hold out for an improvement in house prices. New figures released by property giant Daft.ie show that rent throughout the country has fallen to its lowest level in over two years, and is expected to keep falling for at least another 12 months.
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Renting a house is now up to 5% cheaper than two years ago, as owners choose to rent their properties and hold out for an improvement in house prices. New figures released by property giant Daft.ie show that rent throughout the country has fallen to its lowest level in over two years, and is expected to keep falling for at least another 12 months.
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Ireland WeatherThis Evening and Tonight:A mainly dry evening and night with isolated showers dying out and some longer clear spells. Then it will cloud over towards morning with some heavy showers. Minimum temperature 7 °C.
