TRACKING DUBLIN’S PERFORMANCE

The Dublin City Region plays a pivitol role in the economy of Ireland. The Dublin Economic Monitor tracks the capital’s performance quarterly to provide insightful data.

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February 2018

February’s issue includes data on the capital’s economy incorporating the launch issue of the Dublin Mastercard Spending Pulse.

October 2017

October’s issue includes stats on Dublin’s rising economic activity and a special report benchmarking Dublin’s competitiveness.

July 2017

July’s issue includes data on the economic scene in Dublin, as well as a special report on tourism in the capital and Dundrum Town Centre

  • “The Dublin private sector economy continued to grow strongly during the third quarter of 2017, supported by sharp rises in new work. There was a welcome pick-up in the rate of job creation following a slowdown in Q2, with firms increasingly willing to take on extra staff in line with higher workloads”

    Andrew Harker, Senior Economist at IHS Markit.

  • “The Dublin economy has maintained its momentum in 2017 with the labour market showing particularly positive signs. Rising employment and tourism volumes have fed through to many aspects of the economy, including both Dublin Airport and the public transport system where passenger journeys continue to increase at strong rates.”

    Lorcan Blake, Economic Consultant at DKM Economic Consultants.

  • “Dublin consumer sentiment saw a strong improvement as the persistence of healthy trends in activity and employment eased earlier fears of a sharp Brexit related slowdown.”

    Austin Hughes, Chief Economist at KBC Bank Ireland.

HIGHLIGHTS

DUBLIN'S UNEMPLOYMENT

rate continued to decline in Q3 2017 to reach 6.1% (sa).

RESIDENTIAL RENTS IN DUBLIN

gathered pace in Q3 2017 to exceed an average of €1,500 per month for the first time.

DUBLIN HOTEL OCCUPANCY

in December 2017 increased to 83.5% one of the highest occupancy rates among key European cities.

KBC/ESRI Consumer Sentiment

Consumer sentiment in Dublin fell back in Q4 2017 as a minor reversal in attitudes towards personal financial situations and lower confidence with respect to making major household purchases were recorded.

RESIDENTIAL PROPERTY PRICES

recorded YoY growth of more than 10% for a fifth consecutive month in October 2017.

DUBLIN PMI DATA

increased at a robust and accelerated pace in Q4 2017, completing another strong year for the private sector.

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