Sir John Rogerson’s Quay, Dublin 2.
Research Professor Kieran McQuinn speaking at the Economic and Social Research Institute (ERSI) media briefing on the quarterly economic commentary, Autumn 2019 confirming a Brexit-related ‘slowdown’ in the ‘underlying economy’.
More as we get it.
Gene Kerrigan tweetz:
It’s comforting to have the ESRI experts assure us there’s no housing bubble.
Here’s some more experts…
Related: ESRI says rapid rise in house prices does not signal new bubble (The Irish Times)
Shoppers on Grafton Street
Following January’s reports of consumer sentiment hitting a ten-year high in December…
Consumer sentiment weakened in March on the back of increased economic uncertainty both at home and internationally, a new index shows today.
The KBC Bank Ireland/ESRI consumer sentiment index fell from 105.8 in February to 100.6 in March.
This brought the index to its lowest level in six months and marked the biggest monthly decline since October 2014.
Consumer sentiment at six month low in March (RTE)
[John Fitzgerald of the ESRI]
The ESRI predicted gross national product (GNP), which strips out the effects of multinational profit flows, would grow by 3.5 per cent this year, and by 3.7 per cent in 2015, rates of growth not seen since 2006.“After a long period of attrition, we are approaching the end of the very painful period of fiscal adjustment,” it said.
[Sunday Tribune, March 15, 2009]
Ireland is now back on a growth path, says ESRI (irish Times)
Thanks Conor McCabe
“An economist is predicting young Irish people will be forced to live with their parents until they are 35, unless significantly more houses are built. ESRI economist Professor John Fitzgerald says we need around 25,000 new homes every year, but only 10,000 will be built this year.”
Irish people forced to live with their parents ’til mid 30s (Newstalk)
GREATER NUMBERS of mothers from eastern Europe and women having babies later are the main reasons for an increase in the percentage of women breastfeeding in Ireland, new research to be presented today shows.
Prof Richard Layte will tell the Dublin conference Breastfeeding in Ireland 2012: Consequences and Policy Responses that non-Irish women are much more likely to breastfeed, but the longer they are resident here, the lower the chances they would do so.
Women resident for less than five years are 10 times more likely to breastfeed than Irish women, but this falls to six times more likely after six to 10 years and 2.4 times more likely after 11 or more years.
“One of the most important determinants of how long a woman will breastfeed is the length of maternity leave. Returning to work part-time increases the risk of stopping breastfeeding by 150 per cent; returning full-time increases the risk by 230 per cent,” he said.
It is, of course, National Breastfeeding Week.
(Pic: Hilary Geelon and son Rhys protesting at Facebook’s Dublin HQ in February: Laura Hutton/Photocall Ireland)
ESRI director Frances Ruane (pictured this morning) and social protection minister Joan Burton both insisted there was no political pressure on the body to withdraw the report.
Taoiseach Enda Kenny also said he would not stand over political involvement. “This is an independent organisation. I could not stand over, and I would not stand over, any contact from Government to an independent organisation to say you must withdraw or take down any particular documentation,” he said.
SF Demand Over Employment Report (irish Independent)
Yesterday: That ESRI Report…Now Withdrawn
(Leon Farrell/Photocall Ireland)
The ESRI has taken the unprecedented step of withdrawing the working paper that stated that up to 44% of unemployed families were better off on the dole.In a statement this evening, the ESRI said the working paper had been issued as a ”work in progress” on 22 May. It was not an ESRI report, it said, and had not been subject to any refereeing procedures
Time to consult Karl’s Job Or Dole thingie™
The ESRI Report here.
ESRI withdraws Paper On ‘Cost Of Working’, Saying Contents Could Be ‘Misleading’ (RTE)