Irish Economy Watch - December 2025
 
 

Manufacturing PMI rose to 52.8 in November, a four-month high. The services PMI improved to 58.5 in November, its  highest level since May 2022. Core retail sales rose by 0.2% in the 3 months to October. Housing commencements are at 23.7k YTD in November, down 76.6%. House price annual inflation edged marginally lower to +7.3% in October. HICP inflation rose to 3.2% in November, amid an increase in higher education fees. Goods exports up by 45.7% YTD in October, led by a sharp increase in pharma exports (+52.4%) and 12 month rolling Exchequer surplus narrowed to €9.4bn in November.


 
 
 
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