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The week ahead in business: CSO consumer prices expected as well as plans for Budget 2025

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Week ahead: week 28

Finance Minister Jack Chambers will outline Budget plans in summer economic statement. Photo: NurPhoto

The Central Statistics Office (CSO) will publish an update on consumer prices in Ireland on Thursday.

The Consumer Price Index was estimated to have risen by 2.6pc in the year to May and was unchanged from the prior month’s measure.

However, May’s rate of inflation was just the seventh time since September 2021 that the measure has been below 5pc.

Transport costs were estimated to have risen by 6.7pc in the year to the end of May 2024.

The CSO will also share an update on annual and quarterly national accounts on Friday.

The BNP Paribas Real Estate Construction purchasing managers index for June is set to be published today.

Growth in activity in the industry slowed down in May as output was unchanged from levels recorded in April.

The rate of input cost inflation also eased in May, while supplier delivery times fell for the first time in 10 months.

The Government is set to publish its summer economic statement this week.

Newly appointed Finance Minister Jack Chambers will outline plans for the 2025 Budget in this statement.

It is set to be a quiet week for corporate results.

Wetherspoons is set to publish its full-year results for its most recent financial year on Thursday.

The company has 10 locations in Ireland, including eight in Dublin. It also owns a pub in Cork, as well as another in Carlow.

DCC is set to host its AGM on Thursday.

The Irish-headquartered international sales and marketing group reported an adjusted operating profit of £682.8m (€794.1m) for the year ended March 31.

This was up 4.1pc from its previous financial year.

The group said at the time strong organic growth in its energy division was offset by more challenging trading in its healthcare and technology divisions.

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