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Dublin: 3 °C Wednesday 19 February, 2020


# esri - Tuesday 28 June, 2011

Ireland has highest birth rate in the EU

The latest ESRI data also shows an increase in the age of women giving birth as well as an increase in the amount of births by caesarean section.

# esri - Saturday 18 June, 2011

Adams says two Irelands ‘does not make sense’

Sinn Féin is holding the first of two conferences on the idea of a united Ireland today.

# esri - Tuesday 14 June, 2011

People under 50 'more positive towards saving'

People saving money for eduction and unexpected expenses, a new survey has found.

# esri - Wednesday 8 June, 2011

Positive consumer sentiment surged in May - ESRI

Consumers are more confident about the labour market, but less so about their own futures, new research shows.

# esri - Friday 13 May, 2011

The 9 at 9: Friday

Nine things you need to know by 9am: No debt forgiveness for struggling homeowners; NAMA gives a painting to the state (but holds onto an entire collection), and we know it hurts but – is childbirth really a “murderous” experience?

Looking for work? Don't go through the State's back-to-work plan, report finds

People going through the National Employment Action Plan are 17 per cent less likely to find work, ESRI research reveals.

# esri - Wednesday 11 May, 2011

The 9 at 9: Wednesday

Nine things you need to know by 9am: Facebook leak allowed advertisers to access users’ private photos and chats; Irish “ho-hum bandit” shopped to the FBI by his ex; and bin Laden’s sons don’t believe their father is dead.

# esri - Wednesday 27 April, 2011

Financial supports for wind, wave and tidal energy creation "not appropriate"

ESRI Review of Irish Energy Policy also makes case for bringing Corrib gas field to production “rapidly” – and says nuclear power will not work for Ireland.

# esri - Wednesday 13 April, 2011

Irish consumer sentiment takes surprising major spike

Consumer sentiment was up significantly in March, according to the ESRI and KBC, with one of its biggest jumps on record.

# esri - Tuesday 8 March, 2011

The 9 at 9: Tuesday

Nine things you really need to know by 9am: Labour’s cabinet consolation, Ireland’s personal debt crisis, and a cruel crime against Ireland’s cricketers.

5.4 per cent of Irish households over-indebted in 2008, says ESRI

New report says little progress appears to have been made on bank recapitalisation commitments to extend bank accounts and facilities to more people.

# esri - Thursday 20 January, 2011

ESRI tones down forecasts for economic growth

The think-tank’s latest quarterly bulletin scales back its estimation for economic growth – from 2.25% to 1.5%.

# esri - Tuesday 30 November, 2010

Consumer confidence stays near 17-month low

Consumers are slightly more confident this month than last, but still worryingly low ahead of an austere budget.

# esri - Thursday 21 October, 2010

Abiding by EU targets kills economy for a decade – ESRI

The economic think-tank says aiming for the EU’s 3% deficit target by 2014 will force Ireland into a downward spiral.

Ireland won't ask EU for budget target extension

The Department of Finance says it won’t ask Brussels to extend its 2014 deadline for reining in the budget deficit.

# esri - Tuesday 12 October, 2010

# esri - Thursday 29 July, 2010

THE LATEST ESRI/Permanent TSB house price index shows prices down over 35% from 2006, the peak of the housing boom.

The index is based on agreed sale prices and is calculated based on mortgages draw down, shows the decline in the average houseprice was 1.7% from April to June. This is the lowest quarterly reduction since the 2008.

Prices have fallen by 6.4% from January – June of this year. This compares to a drop  of 8.1% for the same period in 2009, but the year on year decline from June 2009 – June 2010 is 17%

The average price for a house nationally was €201,364, compared with €242,593 in Quarter 2 2009 and  €311,078 at their peak.

House prices in Dublin fell by 3.5% from April-June 2010 while prices outside of Dublin fell by 0.8% in the same period.

Niall O’ Grady, General Manager with Permanent TSB said “While prices continue to fall at different levels in Dublin versus the rest of the country, this reduction in Quarter 2 is the lowest recorded quarterly fall in almost two years.  This may indicate that prices are starting to find a more sustainable level after almost three and a half years of decline”

Figures from earlier in the year showed a similar drop in house prices.

Meanwhile, a report this morning says there is an oversupply of housing in Ireland and that over 300,000 houses in Ireland are unoccupied.

# esri - Wednesday 21 July, 2010

The ESRI (Economic and Social Research Institute) has been lambasted by a Nobel Prize winning economist this afternoon.

Blogging for the New York Times Paul Krugman says the analysis in this morning’s ESRI report, which calls for €7.5bn in cuts over the next four years  is pulled “out of thin air”.

Krugman is highly critical of the institutes approach, arguing that further cuts may be self-defeating. Krugman is speaking as the government met today at Farmleigh to cut more than €3bn from the 2011 Budget, a move endorsed by the IMF.

Krugman says: “the policy conclusions are not, in fact, derived from the analysis — they come out of thin air. The authors simply assert that more austerity now would lead to a lower risk premium and hence higher growth, based on no evidence I can see.”

He dismisses the report saying it is a “pure appeal to the confidence fairy.”

This is not the first time Krugman has slammed austerity measures in Ireland.  In June, he wrote: “All that savage austerity was supposed to bring rewards… But the reality is that nothing of the sort has taken place: virtuous, suffering Ireland is gaining nothing.” Krugman’s comments had been brought about by an article by a feature in the New York Times about Ireland.

# esri - Wednesday 14 July, 2010

THE ESRI is predicting that Ireland will have the largest deficit in the EU in 2010. The think-tank predicts that Ireland will have marginal growth in 2010, with stronger growth in 2011 (GDP +2.75%).

In April the ESRI had expected a 12% shortfall between revenue and spending, however they now believe the shortfall will be closer to 20% in 2010. This is far above the 14.3 per cent registered in 2009. A 20% deficit would ensure that Ireland runs the largest deficit in the EU, for the second year running.

The main reason for the increase is due to a €12.9bn bailout of Anglo Irish Bank and Irish Nationwide, which Eurostat (the official European statistical agency) insists is classified as current spending. The bailout had been classified as an investment, but is now seen as current spending.  The ESRI said this was the sole reason for the change in forecast.

“We expect the General Government Deficit to be 11½ per cent of GDP in 2010. Including the cost of the bailout monies for Anglo Irish Bank and INBS, this figure would be 19¾ per cent. For 2011, we expect the deficit to fall to 10 per cent of GDP. This is based on the assumption that a full €3bn package of austerity measures is implemented in the 2011 budget.”

The ESRI said it supports the Governments plans to cut the country’s deficit, but said that cuts in spending will reduce growth by 1%. The institute also believes that employment will not grow till 2012.

# esri - Wednesday 7 October, 0201

Childhood mental health being "neglected" despite its effect on later life

Professor James P. Smith, who has studied the effects of mental and physical health issues, is to address the ESRI this evening.

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