The labour market in Ireland remains a "key source" of good news for the country, according to the latest Irish economy quarterly monitor from Investec. The labour market in Ireland remains a "key source" of good news for the country, according to the latest Irish economy quarterly monitor from Investec. The employment component of the purchasers managers index (PMI) suggest that labour market conditions should continue to tighten in 2018, which should apply further upward pressure on wages, Investec said. Read more: Optimism remains high for economy Rising employment and wage growth, allied to muted overall inflationary pressures, should deliver another good year for the retail sector in Ireland. The narrative is, unsurprisingly, similar for the rental market, although rent caps in the key urban centres will see a slower build in rents."

Source: Irish Independent March 26, 2018 07:18 UTC