New figures from the Central Statistics Office show that wages rose strongly in the first three months of this year.

Average weekly earnings were up by almost 4% from a year earlier, to €801.

Ian Guider, markets editor of the Business Post, joined us with this story and more in our daily business update, including:

• NTMA raises €6 billion from 10-year syndicate
• Ibec and ISME outline the supports needed to save the economy

Listen to the interview in full by pressing the play button on this page.