Inflation eased in March following a surprise spike the previous month. The pace of inflation in Ireland measured using the EU Harmonised Index of Consumer Prices (HICP) is estimated to have increased by 7pc in the 12 months to March 2023. While inflation rose during the month the pace of the increase in prices eased.
UK energy power company SSE lifted its annual earnings expectations on Thursday, helped by continued strong performance of its flexible generation plant.
Three Irish-based businesses have been approved for a total of €22.4m in funding from the European Innovation Council (EIC) Accelerator Programme.