Confidence in Dublin economy continues to strengthen

April 2016

Confidence in Dublin economy continues to strengthen

Consumer and producer sentiment strengthen further, despite housing issues

Dublin continues to perform, with strength, at the head of the fastest growing economy in Europe. While the unemployment rate, having dipped below 8% in Q3 2015, was stable in Q4 2015, employment grew marginally. The latest MARKIT PMI indicators suggest that employment in the capital moved further ahead in Q1 2016, while the ESRI/KBC consumer sentiment index for the quarter was also positive on the jobs outlook.

Housing difficulties in Dublin continue to intensify, judging by rental costs, which have breached boom-time record levels for apartments, and are almost there for houses. This will inevitably have implications for Dublin’s international competitiveness.

Read more in our April 2016 issue of the Dublin Economic Monitor.

In this edition we have a special article from Annette Hughes, Director of DKM Economic Consultants, setting out the current state of the Dublin residential housing market. Múirne Laffan, Chief Digital
officer from RTÉ, introduces, a new website and brand that has been designed to enhance the
Dublin region’s economic potential.

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