CSO changes follow 'leprechaun economics' report

Plans for new measure of economic performance announced after review of statistics

3rd February, 2017
The revision of 2015 GDP figures raised big questions for Ireland. Pic: iStock

The Central Statistics Office has announced plans to develop a new measure of Irish economic performance following the controversy last year over 2015 figures which showed that Ireland’s gross domestic product (GDP) has grown by more than 26 per cent.

In a statement, the CSO said GDP and GNP would continue to be the standard international indicators of economic performance, but they no longer provided “a sufficient understanding of the domestic economy” and needed to...

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