Economy
Ireland’s recession in 2023 confirmed as GDP shrank
According to the CSO, GDP is estimated to have decreased by 3.4 per cent when compared with the same quarter of 2022
Gross Domestic Product for the full year 2023 fell by 1.9 per cent, when compared with 2022, Friday’s flash report from the Central Statistics Office show.
GDP fell by 0.7 per cent in the final quarter of 2023 when compared with the previous quarter, new preliminary figures from the Central Statistics Office show.
In its latest release, the CSO said the fall came on the back of decreases in the multinational dominated sectors of Industry ...
