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 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.

November 2018

Get up-to-date economic data for Dublin, and special reports on climate change and the Fingal Skills Strategy.

  • “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 WORKFORCE

exceeds 700,000 (SA) in Q4 2018 with the unemployment rate below 5% for the first time since since Q4 2017.

RESIDENTIAL RENTS

reached €1,650 during Q4 2018 however, a QoQ decline of 0.8% may signal the first signs of market stabilization.

RESIDENTIAL PROPERTY PRICES

have recorded MoM declines for four consecutive months, the longest spell of declines since February 2012.

THE MASTERCARD DUBLIN SPENDINGPULSE

shows consumer spending in the Dublin economy grew buy 4.3% (SA) YoY Q1 2019. Overseas tourism spending increased by 15.1% (SA).

PUBLIC TRANSPORT TRIPS

in 2018 saw record levels of public transport usage with over 223 million trips recorded, an increase of 6% on 2017 figures.

The Dublin MARKIT PMI

Output across the Dublin economy continued to increase sharply during Q1 2019 with the construction sector registering the sharpest rise in business activity

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