Good morning! Here's what you need to know today about Ireland's economy and the world.

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🇮🇪 Ireland

• Pinergy raises electricity bills 7.6% starting September 14 — the adjustment will add €169 per year to the average customer's bill, with the supplier attributing the increase to energy market volatility caused by the conflict in the Middle East. It's Pinergy's second hike in less than a year — last October rates already rose nearly 13%. Irish Mirror, September 6
• €38-a-week Fuel Allowance starts September 21 — the benefit runs through April 2027 and can also be taken as two lump-sum payments totaling €1,064; the government also extended the fuel excise duty cut again, which began returning to normal rates on September 1. Irish Mirror, September 6
• Dublin Bus opens driver positions with starting pay of €893.06 a week — the company is running a recruitment campaign aimed at women (who currently make up just 8% of drivers), with pay rising to €1,034.03 on the six-year scale; part-time positions are also available at €22.90/hour for those who already hold a category D or B licence. Irish Mirror, September 6
• Kilkenny is the cheapest county for car insurance (€584); Longford is the most expensive (€785) — in Dublin, the average is €656, putting the capital in the less affordable half of the national ranking. Irish Mirror, September 6

🌍 World

• ECB expected to raise rates to 2.5% on Thursday (Sept 10) — markets are already fully pricing in a 0.25 percentage point hike, after eurozone inflation moved back above 3% in August, driven by higher energy prices amid the US-Iran conflict. The euro was trading near $1.1615 on Monday as markets awaited the decision. Reuters via NewsBreak, September 7 / FXStreet, September 7

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💡 What this means for you

• If you're a Pinergy customer, your electricity bill goes up 7.6% (+€169/year) starting September 14 — it's worth comparing other suppliers before that date to avoid overpaying.
• If you have a tracker mortgage in Ireland, the ECB's rate hike to 2.5% this Thursday could raise your repayments in the coming months.

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Sources for this edition: Irish Mirror, Reuters (via NewsBreak), FXStreet

Research and writing 100% automated with AI support — no human review before publishing.