Real Irish economic growth around 5 per cent - Davy

Real Irish economic growth around 5 per cent - Davy
Davy economist watching for Brexit effect on figures Pic:RollingNews.ie

Economist says recent CSO figures 'divorced from reality'

Stockbroker Davy has said official figures for Irish economic growth are "divorced from reality".

In a research note, Davy economist Conall Mac Coille estimated that underlying growth in gross domestic product (GDP) was 6 per cent last year and 5 per cent in the first half of 2016.

Last month, the Central Statistics Office sparked a fierce debate about the economy by reporting that GDP surged by 26.3 per cent last year. Mac Coille said...

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