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What would Ireland look like in 2023? CSO report provides insight

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Grafton Street in Dublin, the capital of Ireland.Getty Images

Ireland’s Central Statistics Office (CSO) published its ‘Ireland 2023: The Year in Numbers’ report on 3 January, providing insight into employment in the country.Inflation, housing, and population changes.

Ireland’s employment rate will rise to its highest level in more than 25 years in 2023, according to the report.

The report, which provides a glimpse into information published by the CSO throughout the year, points out that Ireland’s employment rate reached 74.2% in the second quarter of 2023, the highest since the series began 25 years ago. There is.

The employment rate, which measures the working-age population between the ages of 15 and 64, fell slightly in the third quarter to 74.1%.

The report further said 130,000 people lost their jobs in the third quarter, bringing Ireland’s unemployment rate to 4.6%.

The average weekly revenue for the third quarter of 2023 was EUR 907.72, an increase of approximately 33% compared to the average weekly revenue of EUR 682.79 for the third quarter of 2013.

The sector with the highest average wages in Q3 2023 was the information and communications sector, followed by the finance, insurance and real estate sectors.

Almost 75% of the top 1% of earners were men, and just over 70% of the top 10% of earners were men.

Additionally, the Consumer Price Index (CPI) in November 2023 was 3.9%, according to the CSO’s Year in Numbers report.

Ireland’s official inflation measure, the CPI, is at its lowest level in 25 months, according to a CSO report.

The CSO said the inflation rate remained above 7% for 12 consecutive months from April 2022 to April 2023, peaking at 9.2% in October 2022.

Assessing national average prices for key items in November 2023, the CSO found that the price of a 2.5kg bag of potatoes increased by 30 cents compared to November 2022, and a kilogram of cheese increased by 21 cents over the same period. Stated. Meanwhile, the average price of milk and butter fell by 6 cents and 5 cents, respectively, between November 2022 and November 2023.

Meanwhile, the median house price in Ireland rose steadily over the year, jumping from €305,000 in January to €323,000 in October, the latest month for which data is available.

According to the CSO, almost half (45%) of new cars registered in Ireland between January and October 2023 were electric, plug-in hybrid or hybrid vehicles.

The Year in Numbers report also reflects the release of the 2022 Census results, which show Ireland’s population has surpassed five million people for the first time in 171 years.

Ireland’s population has increased by 8% compared to the 2016 census, but 83% since its low point in 1961, when just over 2.8 million people lived in Ireland.

The CSO also revealed that the most popular name for a newborn baby in Ireland in 2022 was Jack, and the most popular name for a newborn baby was Emily.

Murphy remained the most popular surname for newborns in 2022.



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