Central bank release Q2 economic outlook

Ireland's economy continues to grow but external factors remain a concern

Central Bank of Ireland Pic: Rollingnews.ie

The Central Bank of Ireland has released its economic bulletin for the second quarter of 2016.

It found that economic growth has been strong over the past year, underpinned by a broad based recovery of labour market, export market and consumer sentiment.

There was an exceptional increase of 7.8 per cent in GDP for 2015, the fastest growth since 2000 and almost five times the average rate of growth in the Euro area.