GDP down 1.9% in 2023, CSO's preliminary estimate shows New preliminary figures from the Central Statistics Office show that the country's GDP is estimated to have fallen by 0.7% in the fourth quarter of 2023 compared with the third quarter of last year. Business • 26 Jan 24
GDP down 1.9% in 2023, CSO's preliminary estimate shows New preliminary figures from the Central Statistics Office show that the country's GDP is estimated to have fallen by 0.7% in the fourth quarter of 2023 compared with the third quarter of last year. Business • 26 Jan 24
2023 sees end of economic boom but no sign of bust yet The revision of national accounts data by the Central Statistics Office in early December confirmed the economy officially entered a recession this year. Business • 23 Dec 23
2023 sees end of economic boom but no sign of bust yet The revision of national accounts data by the Central Statistics Office in early December confirmed the economy officially entered a recession this year. Business • 23 Dec 23
ESRI further downgrades economic growth forecast The Economic and Social Research Institute has further downgraded its forecast for growth in the economy this year. Business • 14 Dec 23
ESRI further downgrades economic growth forecast The Economic and Social Research Institute has further downgraded its forecast for growth in the economy this year. Business • 14 Dec 23
Euro zone's third quarter GDP contracts by 0.1% The euro zone economy contracted by 0.1% in the three months to the end of September, new data from Eurostat, the European Union's statistics office, has confirmed. Business • 07 Dec 23
Euro zone's third quarter GDP contracts by 0.1% The euro zone economy contracted by 0.1% in the three months to the end of September, new data from Eurostat, the European Union's statistics office, has confirmed. Business • 07 Dec 23
Donohoe won't rule himself out of running for IMF job Minister for Public Expenditure and Reform Paschal Donohoe has refused to categorically rule himself out of the running to be the next Managing Director of the International Monetary Fund. Business • 06 Dec 23
Donohoe won't rule himself out of running for IMF job Minister for Public Expenditure and Reform Paschal Donohoe has refused to categorically rule himself out of the running to be the next Managing Director of the International Monetary Fund. Business • 06 Dec 23
Growth in service sector picks up in November The rate of growth in the service sector picked up in November, new figures show. Business • 05 Dec 23
Growth in service sector picks up in November The rate of growth in the service sector picked up in November, new figures show. Business • 05 Dec 23
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) - fell by 1.9% in the three months to the end of September. Business • 01 Dec 23
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) - fell by 1.9% in the three months to the end of September. Business • 01 Dec 23
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 in exports by multinational companies. Business • 15 Nov 23
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 in exports by multinational companies. Business • 15 Nov 23
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 "clouded by considerable external risks". Business • 03 Nov 23
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 "clouded by considerable external risks". Business • 03 Nov 23
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 at the second-weakest level of the current 32-month upturn. Business • 03 Nov 23
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 at the second-weakest level of the current 32-month upturn. Business • 03 Nov 23
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 to the Economic and Social Research Institute. Business • 04 Oct 23
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 to the Economic and Social Research Institute. Business • 04 Oct 23
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 23
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 23
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 for inflation broadly unchanged. Business • 19 Sep 23
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 for inflation broadly unchanged. Business • 19 Sep 23
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 23
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 23
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 23
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 23
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 23
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 23
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, a survey showed today. Business • 03 Aug 23
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, a survey showed today. Business • 03 Aug 23
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 23
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 23
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 Central Statistics Office (CSO) show. Business • 28 Jul 23
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 Central Statistics Office (CSO) show. Business • 28 Jul 23
'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 23
'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 23
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 23
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 23
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 23
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 23
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 the back of higher wage demands, a survey showed today. Business • 05 Jul 23
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 the back of higher wage demands, a survey showed today. Business • 05 Jul 23
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 for only the second month across that period, a survey showed today. Business • 03 Jul 23
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 for only the second month across that period, a survey showed today. Business • 03 Jul 23
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 23
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 23
