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Thursday 1 June 2023 Dublin: 10°C


This year
# CSO figures
Domestic economy entered 'technical recession' last year but is still up 8.2%
Despite entering a technical recession, the domestic economy grew by 8.2% using the government’s preferred metric.
Analysis: Why news headlines about Irish GDP are still irritatingly misleading
Economist Ciarán Casey says that Ireland’s GDP often generates news headlines which do nothing for his emotional stability.
Last year
Opinion: GDP is not the right measurement for the growth of a country - it's time for a change
Marc Ó Cathasaigh of the Green Party outlines why he believes the future of growth measurement will be more than GDP.
# Money
'Weak' economic quarter despite 10.8% growth in GDP
Consumer spending, which was down 0.7%, was affected by rising prices, especially for energy.
# Cost of Living
'Real' incomes to fall for first time since 2013 with inflation outpacing wage growth
The war is expected to “weigh” on trade and overall growth while fueling “strong” energy price inflation, the Central Bank said,
All time
# growth spurts
Irish economic activity to regain pre-Covid health by end of 2021, says Central Bank
Forecasters expect price inflation pressures to moderate in 2022 and 2023.
Hopes for a swift economic recovery in 2021 have faded, says ECB
A resurgence of the virus has weakened euro area growth forecasts.
# Economy
Ireland now officially in recession after largest ever quarterly GDP drop
The economy shrank by 6.1% between April and June.
# Unemployment
Ibec warns of the 'sharpest compression of economic activity in living memory'
The business lobbying group forecasts Irish unemployment to level off at 16% and GDP to contract by 11% for the year.
# downturn
ESRI warns against austerity measures in short-term as economy heals from the pandemic
The think-tank has sketched the likely impact of the virus across a range of Irish economic indicators.
# policy and economy
Ireland's economic squeeze: could staff shortages stifle growth?
The economy is still growing, but it is slowing down as capacity constraints limit expansion.
# Economy
Ireland's economy is set to keep growing next year, but could be seriously hit by a no-deal Brexit
Ibec states that the economy is set to grow by 4% this year.
# ireland 2029
Only three in 10 of us get 'enough' sleep, so how can we improve this?
Commute times, shift work and mobile phones all play a role.
# warning
Pound could crash and economy shrink under no-deal Brexit, Bank of England warns
The UK economy could shrink by 8%, Bank of England Governor Mark Carney has said.
'Our living standards aren't improving because of the unwillingness by govt to correct market failures'
Despite strong headline growth figures, living standards in Ireland are actually below Italy and just a little above Cyprus, writes economist Robert Sweeney.
The lost decade is over: Our 7.8% GDP growth last year was comfortably the highest in Europe
The bigger picture is certainly bright; the challenge is to better use the fruits of economic growth to improve living standards, writes Victor Duggan.
# Four more years
For the 4th year running Ireland is set to be Europe's fastest growing economy
Ireland is expected to grow by 5% this year, up from previous Davy estimates of 3.7%.
# factcheck
FactCheck: Is Frances Fitzgerald right about Ireland's financial gain from the EU?
Big numbers, big claims – FactCheck is here to find out what’s what.
# leprechaun economics
We might have to give the EU an extra €280 million because of those inflated GDP figures
The massive 26% hike in GDP was decried by one financial journalist as a “work of Irish fiction”.
# leprechaun economics
Ireland has made itself the laughing stock of the economic world, but does that matter?
Multinational tax avoidance has been brought back on the agenda.
The second best eurozone economy grew by 5% in 2015. Ireland's expanded by an insane 26%
A rise in multinational companies locating assets here likely helped drive the huge growth.
# Trouble Brewing
These international problems could seriously wreck Ireland's economic plans
The Department of Finance is predicting big growth, but only if everything goes as it wants it to.
# hello sunshine
There are few clouds on the horizon for the Irish economy right now
Growth has been ‘exceptionally strong’ so far this year, but jobs and wages haven’t caught up.
# only way is up
Things are looking seriously rosy for the EU right now
Or for its economy at any rate. The union has outstripped growth in both the US and the UK for the start of 2015
# Don't go
A British exit from the EU could spell disaster for the Irish economy
Could a ‘Brexit’ be even worse news for us than it is for them?
# we're not partying
Saying jobs are only being created in Dublin is 'highly misleading'
One in four workers earn less than the living wage, new research has found.
# Sucking diesel
The Irish economy went absolutely STELLAR in 2014
We’ve left the rest of the Eurozone for dust over the last 12 months
# erase and rewind
Ireland's economy should soon be back where it started - except for all that debt
How about we start from scratch?
# Prime Numbers
Twink, Superquinn sausages, Irish Water, and punts: Ireland by numbers in 2014
How many pigs are in Ireland? How many people are paid minimum wage? So many questions…
# Still Smiling
The economy 'flatlined' over the summer, but Michael Noonan's not worried
The country’s still on target to meet its Budget forecasts.
# Getting Boomer
Ireland will have the largest economic growth in the EU in 2014 (and 2015 and 2016)
Hooray! Right?
# No longer needed
The law allowing the government to cut public sector pay is being scrapped
The section that is being deleted allowed public service employers to take steps that would impact on non-core pay and working hours.
# Noonanomics
Noonan: Economy will grow even more than we thought this year - but austerity isn't over
There’s more positive economic news out today.
# Not so fast
Is the economy all that great? Accountants say maybe not
Almost one in four now think that the economy is stagnating.
# Looking Up
Ulster Bank is feeling good about the economy - and predicting 3.1% growth this year
The bank is predicting a broader based recovery, with jobs outside Dublin on the cards.
# Here come the good times
No more austerity needed to hit Budget target, says Goodbody - and we could even cut income tax
The latest quarterly report from Goodbody Stockbrokers has some positive points on the Irish economy.
# sluggish
This morning, major European economies hit the slow lane. Here's what it means.
Germany and France both posted negative results, with pressure now on Mario Draghi to act.
# Life in the fast lane
"Exceptional" performance makes Ireland "the fastest-growing economy in Europe"
Davy is also calling for a budget adjustment of €500 million.
# It Gets Better
Government deficit drops to 5.6% of GDP
That’s down from 7.9% this time last year.
# Looking Up
Central Bank revises GDP forecast upwards
They also revised upwards last year’s figures.