Content type

Ireland EV Profile: Strong Incentives Propel Uptake, Influx Of More Affordable Models To Support Steady Demand

Autos / Ireland / Mon 19 Feb, 2024

Key View: Our outlook for Ireland's electric vehicle (EV) market in 2024 is robust. We forecast total EV sales to grow by 15.7% y-o-y to 38,400 units, implying an increase in the local EV penetration rate to 29.5%. Moreover, the arrival of new attractively priced EV models and the expected price parity between EVs and internal combustion engine

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Sinn Féin Remains Party To Beat At Next Irish Election

Country Risk / Ireland / Mon 15 Jan, 2024

Key View

  • The political backdrop in Ireland will remain stable in the year ahead of next election in 2025.
  • We see little reason that the main governing Fine Gael-Fianna Fáil coalition partners will manage to meaningfully narrow their polling gap with the nationalist opposition party Sinn Féin.
  • This is due to the fact that the main
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Irish Economy To Slow Following Growth Spurt In 2022

Country Risk / Ireland / Tue 17 Jan, 2023

Key View

  • From a slightly revised down growth forecast of 11.3% in 2022, we at Fitch Solutions project Irish real GDP growth to slow to 4.6% in 2023.
  • Slower growth will be driven by weakening domestic demand amid the cost-of-living crisis and weakening global macroeconomic conditions.
  • Headline GDP figures will likely remain artificially
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Irish Budget To Contain Cost Of Living Crisis Risks

Country Risk / Ireland / Mon 10 Oct, 2022

Key View

  • Ireland’s Short-Term Political Risk Index score remains unchanged at 79.1 (out of 100).
  • The main source of political risk remains social instability related to the ongoing cost of living crisis.
  • However, these risks remain relatively contained now that inflation has peaked and the government has passed a generous fiscal package
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