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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April 2017

April’s issue features Ronan Lyons speaking about housing issues, Cormac McCarthy on infrastructure and the latest economic statistics

January 2017

January’s issue includes details on Dublin’s economy, the IHS Markit, and a report on the 2017-2019 enterprise strategy

October 2016

October’s issue has the latest Dublin economic data, a report on the Dublin labour market and a special report on Dublin’s agri cluster

  • "The Dublin economy showed further signs of strength at the start of 2016. Output growth remained sharp, despite easing slightly from the end of 2015. There were some divergences at the sector level, with substantial expansions in the services and construction sectors contrasting with a slowdown in growth of manufacturing production."

    Dublin Markit PMI

  • “The Dublin economy remains buoyant with positive trends across most of the main economic indicators. The 1916 Commemorations will have given a boost to the city region in the first quarter of 2016, but significant domestic and international uncertainty is of concern.”

    John Lawlor, Director, DKM

  • “Dublin consumer sentiment improved in early 2016 on increased optimism regarding household finances and the outlook for jobs. While consumers scaled back their views on Irish economic prospects, presumably reflecting increased uncertainty at home and abroad of late, this didn’t prevent some improvement in their assessment of the buying climate.”

    KBC Consumer Sentiment Index

HIGHLIGHTS

DUBLIN'S UNEMPLOYMENT RATE

dipped for a second consecutive quarter in Q4 2016, falling below 7% for the first time in over 8 years.

RESIDENTIAL RENTS IN DUBLIN

rose markedly in Q4 2016, widening the gap between the Capital and the rest of the country.

PASSENGER ARRIVALS

at Dublin Airport reached a new peak of over 1.2 million in December 2016.

KBC/ESRI Consumer Sentiment

in Dublin strengthened in Q1 2017 as expectations of future finances and employment improved.

RESIDENTIAL PROPERTY PRICES

continued to increase at rates in excess of 5% YoY between November 2016 and January 2017.

THE DUBLIN MARKIT PMI

data signalled continued strong growth in business activity in Q1 2017, largely driven by the services and construction sectors.

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