News | Latest Breaking News Stories & Headlines

The European Commission has pencilled in a GDP growth rate of 1.2% for Ireland this year

Irish economy forecast to grow by 1.2% this year - EU

The European Commission has maintained its expectations for the performance of the Irish economy this year with a predicted GDP growth rate of 1.2%.

Business • 15 May 24

Modified Domestic Demand, which more closely tracks the domestic economy, grew by 0.5% in 2023, new CSO figures show today

Economy, as measured by GDP, contracted by 3.2% in 2023

New figures from the Central Statistics Office show that the country's GDP shrank by 3.2% last year on the back of a contraction in the multinational dominated industry sector.

Business • 01 Mar 24

The ESRI's 'Nowcast' research predicts that Modified Domestic Demand (MDD) expanded by 3.7% in December

ESRI estimates strong MDD growth of 3.7% in December

A new estimate suggests that the domestic economy here grew reasonably strongly in December, despite challenging conditions.

Business • 26 Feb 24

The economy, as measured by gross domestic product, fell by 1.9% in the three months to the end of September, new CSO figures show

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

GDP in the second quarter of 2023 grew by 0.5% compared to the first quarter of the year, new CSO figures show today

Economy sees growth of 0.5% in second quarter - CSO

The economy continued to grow in the second three months of the year, according to the latest figures from the Central Statistics Office.

Business • 01 Sep 23

The data is contained in the ESRI's latest Nowcast

ESRI estimates domestic economy grew by 3.5% in June

The domestic economy grew by around 3.5% in June when compared to the same month last year, according to a new estimate from the Economic and Social Research Institute (ESRI).

Business • 22 Aug 23

Modified Domestic Demand (MDD), which strips out the impact of multinationals, declined by 1.3% in the last quarter of 2022

Domestic economy in technical recession at end of 2022

The economy grew by 0.3% in GDP terms in the final three months of last year, which is markedly slower than the initial estimate of 3.5% published last month, according to figures published by the Central Statistics Office.

Business • 03 Mar 23

The figures will give a timely boost to Minister for Finance Paschal Donohoe when he delivers his budget at the end of this month

Exchequer records €6.3bn surplus at end of August

The Exchequer recorded a surplus of €6.3 billion at the end of August, according to figures released by the Department of Finance this afternoon.

Business • 02 Sep 22

Today's CSO figures show that Modified Domestic Demand grew by 6.5% while GDP jumped by 13.5%

Domestic economy grew by 6.5% in 2021 - CSO

The economy grew strongly last year, according to the latest national accounts published by the Central Statistics Office today.

Business • 04 Mar 22

When measured by GDP, the Department of Finance said the economy is forecast to grow this year by 15.6%

Forecasts doubled for economic growth this year

Forecasts for growth in the Irish economy this year have been doubled by the Department of Finance.

Business • 30 Sep 21

The Finance Department has forecast that the economy - as measured by GDP - will shrink by 2.5% this year, better than its earlier forecast of a drop of 10.5%

Economic hit from Covid less than expected - Finance

The Department of Finance has significantly revised upwards its outlook for the economy this year.

Business • 29 Sep 20

The country's GDP shrank by 0.6% on a quarterly basis in the first three months of the year

Economic growth for 2017 revised down to 7.2% from 7.8%

New figures from the Central Statistics Office show the economy is now estimated to have grown by 7.2% in 2017, down from its initial estimate of 7.8%.

Business • 19 Jul 18

The Irish economy is the EU's fastest-growing economy for the fourth year in a row

Ireland fastest growing economy in European Union again

The economy grew by 7.8% of GDP last year, according to preliminary estimates from the Central Statistics Office, making it the European Union's fastest-growing economy for the fourth year in a row.

Business • 15 Mar 18

Modified Domestic Demand