Economy

Ireland’s GDP up by 2.7% in Q2

Early estimates from the Central Statistics Office (CSO) indicated the growth was mainly fuelled by multinationals

The uptick follows Michael McGrath, the Minister for Finance, saying there had been a post-pandemic rebound. Picture: Leah Farrell/RollingNews.ie

Ireland’s GDP is estimated to have grown by 3.3 per cent in the second quarter of 2023 compared to Q1 of this year, according to early estimates from the CSO. On a year on year basis, GDP is estimated to have grown by 2.7 per cent compared to Q2 of 2022.

The CSO said the growth will mainly have been influenced by sectors dominated by multinationals. The growth comes after GDP dipped in Q1 of ...