Eighth issue of the 'Dublin Economic Monitor' launched

News Type 
Monday, January 30, 2017
dlr County
Intro Text 

The Dublin Economic Monitor is a joint initiative on behalf of the four Dublin local authorities to track developments in the capital’s economy. The Dublin City Region (i.e. the 4 Dublin local authorities combined) plays an increasingly important role in the economy of Ireland and it is important that its performance is properly tracked.  The commissioning of the Monitor showcases the enhanced role of local authorities in the area of economic development and enterprise support, in line with the local government reform programme.

Key Highlights:  

Dublin’s unemployment rate dipped slightly to 7.8% in Q3 2016 following an unexpected increase in the second quarter of the year.

Employment levels in Dublin continued to rise, with the most significant expansions in the industry and construction sectors.

Residential rents in Dublin showed mixed signs in Q3 2016 as rents for houses dipped, but rents for apartments rose in the quarter.

Residential property price growth sharpened between July and October 2016 with prices returning to 2009 levels.

Passenger arrivals at Dublin Airport reached a new monthly record of 1.17 million in September 2016.

Access to the full report is provided by clicking on the following link: www.dublineconomy.ie