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


Euro loses ground to dollar

24.06.2024 Daily blog

The euro came under renewed pressure on Friday and lost a little ground to the dollar. Political uncertainty in the Euro Area, in particular the upcoming French elections, have pushed down on the single currency, which dropped below $1.07 for a time and is trading around that level this morning. With the French elections first […]

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  • Weekly Round Up

    Irish house price inflation accelerates to 7.9% in April

    Today’s news the Irish Residential Property Property Price Index (RPPI) rose by 0.4% in April, with the annual inflation rate accelerating to 7.9% confirms the housing market is heating up again. Still, this shouldn’t be a surprise given the lack of housing supply, but also that average earnings rose by 4.7% in the year to […]

  • Global Watch

    Global Watch May 2024

    The general expectation at the start of 2024 was that the Fed would be in the early stages of easing monetary policy by this stage of the year. However relatively large monthly increases in US consumer prices over the January-March period has dented the Fed’s confidence that inflation is on a path back to 2%, […]

  • Ireland Outlook

    Ireland Outlook – February 2024

    Domestic economy growing despite headline GDP fall Read the Ireland Outlook in full here: Bank of Ireland Ireland Outlook February 2024    

  • Ireland Infographic

    Ireland Infographic – February 2024

    Irish GDP forecast to increase by 1.5% this year and by 4.0% next year. Download the Ireland infographic here: Bank of Ireland Ireland Infographic February 2024      

  • UK Outlook

    UK Outlook – February 2024

    With inflation set to decline further this year, economic activity is projected to pick up gradually driven by a recovery in consumer spending – with GDP growth of 0.4% for the year as a whole. Growth should strengthen further in 2025, to about 1.2% on an annual basis, while unemployment will remain relatively low this […]

  • UK Infographic

    UK Infographic – February 2024

    GDP forecast to grow by 0.4% this year and by 1.2% in 2025 Download the UK infographic here: Bank of Ireland_UK Infographic_February 2024  

Meet the team

Conall Mac Coille, Group Chief Economist

Michael Crowley, Senior Economist

Patrick Mullane, Senior Economist

Conn Creedon, Senior Economist

Diane Woods, Economist/Operations Manager