Dublin Unemployment Rate
Dublin Business Activity Survey (PMI)
Dublin Retail Sales Index (Mastercard)
Dublin Residential Property Price Index
Dublin Public Transport Trips
Dublin Airport Passenger Numbers

Dublin Economic Monitor

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.

Latest Monitor March 2024

Key quotes

Dublin and the broader Irish retail performance was generally stable YoY in Q4 2023. Dublin retail sales were up by 3.4% (SA) versus Q4 2022. Overall tourist spending grew for Dublin as well Ireland in the quarter. The growth rate for the Capital was an impressive 5.7% while tourist spending across Ireland grew by 8.7% compared to Q4 2022.
Michael McNamara Global Head of SpendingPulse, MasterCard
While firms in Dublin continued to expand their output at the end of 2023, the drop in new orders in the fourth quarter is a cause for concern. Companies will be hoping that this was just a blip amid weakness in construction at the end of the year and that inflows can pick up again at the start of 2024, thereby enabling them to keep increasing activity and boosting labour market prospects. While construction acted as a drag on the private sector in Q4, it was pleasing to see manufacturing output return to growth, joining services in expansion territory.
Andrew Harker Economics Director at S&P Global Market Intelligence
Getting a clear read on the economy is proving elusive at the moment. This edition of the monitor reflects this challenge, noting a mixed picture across different indicators. We have new peaks for hotel occupancy and a faltering demand for restaurants, reasonable retail performance but weakening business activity and we continue to see strong employment statistics but fewer vacancies. All things considered, the domestic economy has recorded growth, and is expected to continue doing so, but weak external demand is dampening the pace of expected growth.
Andrew Webb Chief Economist at Grant Thornton

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