General Industry News

Increase of 1.8% in overseas visitor numbers to Ireland in 2019

BreakingNews.ie – 28.01.2020

The total number of trips to Ireland made by oversea visitors in 2019 saw an increase of 1.8% on 2018, according to CSO figures. Ireland welcomed 10,807,500 people from the UK, Europe, USA and Canada and other countries to its shores last year. Trips made to Ireland by residents of the UK increased by 0.8% while trips by residents of European countries excluding the UK increased by 2.6%. Trips by residents of USA and Canada to Ireland increased by 1.2% while trips to Ireland from other countries increased by 5.5%.

Ratings agencies see Ireland weathering Brexit, trade and tax storms

Irish Examiner – 21.01.2020

German agency Scope has stuck with its A+ credit rating for Ireland, but has improved its Irish long-term prognosis from ‘stable’ to ‘positive’. Moody’s sees Irish growth slowing this year but remaining far above the Eurozone average for economic improvement. Moody’s said it expects Irish GDP to grow by 3.2% this year — significantly down on the projected 5.2% growth level Ireland is expected to have achieved in 2019, but still well above the forecast eurozone average of 1.4% growth.