Economic Research Unit

The Economic Research Unit (ERU) provides commentary and analysis of economic and market events in Ireland, the UK, the Euro Area and US.

The ERU prepares regular reports on the global, UK and Irish economies. Our latest publications are available for download here.

If you would like to get in touch, you can contact the team on economics@boi.com.

 

Dollar giving up some ground

06.01.2025 Daily blog

The euro and sterling both shed more than a cent against the dollar over the course of last week. They ended off their lows (of around $1.0225 and $1.2350 respectively) however, and are gaining some further respite at the start of play this week trading at around $1.0340 and $1.2475. EURGBP was little changed overall last […]

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  • Weekly Round Up

    How long can Ireland’s rapid population growth continue?

    17.12.2024

    In our final ‘Economics Weekly’ publication before Christmas we focus on the most pressing issue facing the Irish economy – whether the recent exceptional pace of job creation and population growth can be sustained in the face of growing bottlenecks and capacity pressures. The Irish population grew by 1.9% for a second successive year, or […]

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  • Global Watch

    Global Watch September 2024

    05.09.2024

    Inflation is in retreat in the main economies, with headline rates close to target, and central banks have begun to lower interest rates following the sharp tightening of monetary policy in 2022-2023. The ECB and Bank of England are among a number of central banks to have cut policy rates, while the Fed is certain […]

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  • Ireland Outlook

    Ireland Outlook – September 2024

    23.09.2024

    New Irish Economic Forecasts Once again, erratic and volatile national accounts data for Q2 2024, have led us to revise down our forecasts for the growth of both GDP (-1%) and modified domestic demand (2.3%), but tell us little on the health of the economy. In contrast, the recent rapid pace of job creation means […]

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  • Ireland Infographic

    Ireland Infographic – September 2024

    23.09.2024

    We expect GDP will contract by 1% in 2024, rebounding to 3.5% growth in 2025 and 4% in 2026. Download the Ireland Infographic here: Bank of Ireland Ireland Infographic September 2024

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  • UK Outlook

    UK Outlook – September 2024

    24.09.2024

    Improved short term outlook, longer term challenges remain We have revised up our GDP forecast for this year to 1.1%, from 0.7% previously, on foot of the robust rebound in activity in the first half of the year. Our forecasts for 2025 and 2026 are unchanged at 1.4% and 1.6%, broadly in line with the […]

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  • UK Infographic

    UK Infographic – September 2024

    24.09.2024

    We expect UK GDP will increase by 1.1% in 2024,  rising to 1.4% growth in 2025 and 1.6% in 2026. Download the UK Infographic here: Bank of Ireland UK Infographic September 2024

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Meet the team

Conall Mac Coille, Group Chief Economist
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Michael Crowley, Senior Economist
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Patrick Mullane, Senior Economist
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Conn Creedon, Senior Economist
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Diane Woods, Economist/Operations Manager
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