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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May 2018

May’s issue has the latest Dublin Mastercard Spending Pulse, as well as a look at tourism and the strengthening Dublin economy.

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.

  • “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.

  • “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.

HIGHLIGHTS

DUBLIN'S UNEMPLOYMENT

stands at 6.4% (sa) of Q4 2017.

RESIDENTIAL RENTS IN DUBLIN

continue to exert pressure in the Q4 2017 following 17 quarters of growth in excess of 5.5%.

TOTAL CARGO HANDLED

at dublin port reached a record high with over 9.3 million tonnes (SA) handled in Q1 2018.

KBC/ESRI Consumer Sentiment

YoY the overall Dublin Consumer Sentiment Index increased by 14.1 index points in Q1 2018, driven primarily by increasingly optimism regarding the general economic outlook.

RESIDENTIAL PROPERTY PRICES

register YoY growth in excess of 12% for the first time since May 2015.

The Dublin MARKIT PMI

Recorded further sharp expansion in output well above 50. The rate of job creation accelerated to 58.5 while Q1 experienced the fastest rise in new business orders since Q2 2015.

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