Competitiveness gains

  • Inflation below the EU average since 2008
  • On-going relative competitiveness improvements
  • According to "Cost of City Rankings" Mercer 2015, Dublin is still less expensive than other cities like Zurich, London, Paris, and New York and Sydney.

Annual Inflation EU & Ireland

  2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Ireland 2.3 2.2 2.7 2.9 3.1 -1.7 -1.6 1.2 1.9 .5 .3 .3 1.3
EU27 2.3 2.3 2.3 2.4 3.7 1 2.1 3.1 2.6 1.5 .6 .2 1.4
Source: Eurostat, * European Commission Winter Forecast, 2015

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