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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August 2019

Keep up to speed on the latest economic data for Dublin and get insights on Dublin’s housing market and the public transport sector.

May 2019

Get up-to-date economic data for Dublin, and special reports on Ireland’s sports economy and South Dublin’s Sustainable Business Programme.

February 2019

As Dublin’s workforce grows, we look at the financial implications, as well as the latest Dublin economic data.

  • “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.

  • “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.

  • “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 WORKFORCE

reached 706,000 with an additional 5,800 people added to the workforce in the first quarter of the year.

DUBLIN’S PROPERTY PRICES

recorded a slight rebound in May 2019, up 0.8% after five consecutive months of MoM declines.

DUBLIN AIRPORT

passenger numbers reached 8.2 million in Q1 2019, an annual increase of 10.4% YoY.

THE MASTERCARD DUBLIN SPENDINGPULSE

continues to show strong growth in overseas retail spending, up 8.7% from Q2 2018. However, UK and German spending experienced a significant decline.

PUBLIC TRANSPORT TRIPS

reached a record 58.4 million in Dublin in Q1 2019. The LUAS is the greatest contributor to passenger growth, accounting for 19.9% of total passenger numbers.

The Dublin MARKIT PMI

continues to show signs of a solid increase in output in Q2 2019 the overall trend shows the rate of expansion is slowing down for a 2nd consecutive quater.

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