Inflation estimated to have hit 9.5% in October – CSO

According to estimates from the Central Statistics Office, the harmonised index of consumer prices increased by 9.5% in October. Inflation in September according to this statistic was 8.6%. This “flash estimate” for Ireland is a portion of the comprehensive monthly estimate of inflation for the entire EU, which will be released on Monday. The primary … Read more

Prince Harry’s Memoir to be released on January 10

The highly anticipated memoir by Britain’s Prince Harry, which is expected to lay bare his life as a royal, will be published in the new year. Harry’s book is called Spare, a reference to the phrase “the heir and the spare”, and will be released globally on January 10th. The memoir will be published by … Read more

Average private rents rose 84% in nine years

The cost of average private rents increased by 84% in the nine years leading up to last year, according to new research from the Economic and Social Research Institute. The study found from 2012 to 2021, the average monthly rent increased from €589 to €1,084 per month. The analysis concluded that this has resulted in … Read more

Housing starts down 31% in September

According to the most recent Department of Housing data, the number of residential units under construction fell last month. In September, the Department received commencement notices for 2,211 units, a 31% decrease from the 3,203 commencements notified in the same month last year. There were 605 units started in Dublin local authority areas and 1,219 … Read more

Facebook parent Meta reports Q3 revenue decline

Facebook parent Meta has announced a drop in income for the second quarter in a row, owing to decreased advertising revenue and competition from the immensely popular video app TikTok. This week’s poor earnings reports from Google parent Alphabet and Microsoft were followed by Meta’s. In the three months ending September 30, Meta earned 4.4 … Read more

ECB to raise interest rates by further 0.75%

The European Central Bank’s (ECB) governing council meets today in Frankfurt, amid expectations that interest rates may be raised by another 0.75%. The ECB has already raised interest rates twice this year, by half a percentage point in July and three-quarters of a percentage point in September. Market experts broadly expect rates to be raised … Read more

Dublin Airport expecting 350,000 passengers this weekend, warning issued to public

Around 350,000 passengers are expected to travel through Dublin Airport this Bank Holiday weekend, between Friday and Monday. According to daa, the airport’s operator, about 190,000 passengers are expected to depart from the airport during the four days. More than 2,200 planes are expected to arrive and depart during the long weekend, according to Graeme … Read more

‘World’s dirtiest man’ dies at 94, months after his first wash in decades

An Iranian hermit known as the “world’s dirtiest man” for not taking a shower for more than 50 years has died at the ripe old age of 94, according to official media.  “Amou Haji,” an endearing nickname for an elderly person, died on Sunday in the village of Dejgah in Fars’ southern province of Fars,  … Read more