Latest CSO figures confirm economy in recession Figures today from the Central Statistics Office confirm that the economy is in recession, as the economy - as measured by gross domestic product (GDP) … Business • 01 Dec
EU cuts Irish and euro zone growth forecasts for 2023 The European Commission has sharply revised downwards its forecasts for growth in the Irish economy measured by Gross Domestic Product (GDP), mostly due to falls … Business • 15 Nov
IMF warns on 'considerable external risks' for economy The International Monetary Fund (IMF) has said the Irish economy has "strengthened considerably" on the back of strong tax revenues but the positive outlook is … Business • 03 Nov
Service sector growth slows for sixth month in a row The rate of expansion in the country's services sector slowed for the sixth month in a row in October with a survey today showing it … Business • 03 Nov
ESRI forecasts slowdown in Irish economy this year A fall in exports and lower consumer spending in the face of higher inflation will lower the growth rate in the economy this year, according … Business • 04 Oct
Fresh setbacks for manufacturing in September The manufacturing sector experienced some renewed headwinds in September which saw the index going back into contractionary mode having bounced back in August. Business • 02 Oct
Economic growth to slow as exports weaken - report The Central Bank has lowered its forecasts for growth in the economy based on weaker exports from multinationals in Ireland, but has left its outlook … Business • 19 Sep
Activity in Ireland's service sector continues to grow Activity in the service sector continued to grow in August, new figures show. Business • 05 Sep
Irish manufacturing expands for first time in 6 months The manufacturing sector in Ireland expanded for the first time in six months last month. Business • 01 Sep
Irish economy will outperform EU peers - Mastercard The Irish economy will continue to outperform its EU peers, according to the Mastercard Economics Institute, as consumer fundamentals remain strong. Business • 15 Aug
Service growth remains robust, inflation pressures ease Service sector growth remained robust in July amid a strengthening in business sentiment and a slight easing in still high input and output cost pressures, … Business • 03 Aug
Ireland posts highest euro zone GDP growth in Q2 Ireland recorded the highest increase in economic growth in the euro zone in the second quarter of this year, new figures from Eurostat show today. Business • 31 Jul
GDP grows 3.3% in Q2 pulling economy out of recession The Irish economy as measured by Gross Domestic Product (GDP) returned to growth in the second quarter of the year, new preliminary figures from the … Business • 28 Jul
'Embarrassment of riches' should be spent on housing The chief economist at stockbroker Goodbody said he supports a proposed new capital spending stabilisation fund for the country's "embarrassment of riches". Business • 20 Jul
Fitch raises Irish outlook to 'positive' from 'stable' Fitch ratings agency has revised its outlook on Ireland to positive from stable and also affirmed the country's rating at AA-. Business • 17 Jul
Exports to boost Irish economic growth - Accenture A new survey published today shows that despite the global economic challenges, Ireland's growth forecast has emerged strongly. Business • 17 Jul
Service sector growth reignites inflationary pressures The country's services sector grew at a strong rate again last month, reigniting inflationary pressures as both input costs and prices charged accelerated primarily on … Business • 05 Jul
Manufacturing slump drags employment lower - PMI A slump in manufacturing activity deepened slightly last month, hitting a fresh three year low and leading to a fall in employment in the sector … Business • 03 Jul
Euro area falls into technical recession in Q1 The euro area fell into a technical recession in the first quarter of this year, according to figures from Eurostat. Business • 08 Jun
Services sector growth slows in May - PMI Growth in the services sector slowed slightly in May but new export business grew at its fastest rate since last summer and business expectations improved, … Business • 06 Jun
Economy in technical recession as Q1 GDP falls 4.6% Ireland's economy as measured by Gross Domestic Product (GDP) shrank in the first three months of the year, according to new data from the Central … Business • 02 Jun
Manufacturing activity dips at fastest pace in 3 years Manufacturing activity shrank at its fastest pace in three years in May on sharp falls in output and new orders that reflected contractions in its … Business • 01 Jun
European Commission sees 'solid' Irish economic growth Ireland's economy is projected to remain on a solid growth path with GDP growth of 5.5% expected in 2023 and 5% expected in 2024, according … Business • 15 May
Q1 GDP fell 2.7% on quarterly basis, CSO estimates The country's gross domestic product fell by 2.7% on a quarterly basis in the first quarter of 2023 but stood 6.4% higher than a year … Business • 27 Apr
Euro zone growth flat in fourth quarter of 2022 GDP growth in the euro area was flat in the last three months of last year compared to the previous three months, according to figures … Business • 08 Mar
