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.

 

Weak headline Q1 US growth sees dollar tick down

26.04.2024 Daily blog

The dollar lost more ground yesterday following weaker than expected Q1 US GDP data, continuing a trend of weak US data this week. The dollar fell to around $1.0730 to the euro, and has now lost more than 1/2 cent this week against the single currency, and to $1.25 to sterling, down more than 1 […]

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  • Weekly Round Up

    April Stability Programme Update Published

    April’s Stability Programme Update (SPU), published this week, shows the Department of Finance still expect a substantial budget surplus of €8.6bn (2.8% of GNI*) in 2024, driven by a still robust outlook for the Irish economy. Crucially, the Department still believes the unexpected 25% fall in corporate tax revenues in Q1 2024 was a temporary […]

  • Global Watch

    Global Watch – January 2024

    Following a much sharper than expected decline in inflation over the latter part of 2023, the market expects the main central banks to begin lowering interest rates in the second quarter of this year. Download the Global Watch in full here: Bank of Ireland_Global Watch_January 2024  

  • 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

Michael Crowley, Senior Economist
+353 (0)1 250 8900
Ext 44268
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Patrick Mullane, Senior Economist
+353 (0)1 250 8900
Ext 44269
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Conn Creedon, Senior Economist
+353 (0)1 250 8900
Ext 35134
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Diane Woods, Economist/Operations Manager
+353 (0)1 250 8900
Ext 47111
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