CSO's bid to shake off 'Lepronomics'

New measure of economy unveiled but figures still show effects of multinational activities

14th July, 2017
Measures of domestic Irish economy reassuring. Pic: Rollingnews.ie

This time last year, the Central Statistics Office (CSO) published a controversial revision of its Irish economic figures for 2015, which showed that gross domestic product (GDP) jumped by a massive 26 per cent.

This morning, the CSO provided the first figures based on that group’s recommendations, giving a measure of the economy – called modified GNI or GNI* - designed to strip out the distorting affects of multinational activity and give a truer picture of activity...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Comment: Irish rowers’ gold brings joy but the Olympics are nothing without heartbreak

Sport Emmet Ryan 2 hours ago

Analysis: Zappone row illuminates uncompetitive nature of diplomatic appointments

Politics Daniel Murray 18 hours ago

Analysis: Draft legislation brings individual accountability for financial sector misconduct a step closer

Analysis: The gap between winners and losers in retail is stark

Retail Eugene Kiernan 2 days ago