Ireland’s public finances showed a sharp turnaround in June 2026, with Exchequer Returns moving into positive territory after a sizeable deficit the previous month. According to figures updated on 3 July 2026, the Exchequer balance stood at €0.7 billion in June, compared with a deficit of €2.3 billion recorded in May 2026.
The month-on-month shift of €3.0 billion highlights a marked improvement in the State’s fiscal position over the early summer period. While the underlying drivers of the reversal were not detailed in the latest release, the data signal a return to surplus conditions for the Exchequer following May’s shortfall. Investors and policymakers are likely to watch upcoming releases closely to assess whether June’s surplus marks the start of a more sustained strengthening in Ireland’s public finances.
