Ireland Revises First‑Quarter 2026 Domestic Growth and GDP Figures
Ireland’s Central Statistics Office (CSO) released revised macro‑economic data for the first quarter of 2026. The modified domestic demand indicator, which the Irish authorities treat as their preferred gauge of economic performance because standard GDP calculations are distorted by the country’s large multinational sector, was reported to have grown 0.3% from the previous quarter. This represents a downward revision from the earlier estimate of 0.6%.
In the same release, the country’s gross domestic product (GDP) for the January‑to‑March 2026 period was revised to a 7.0% contraction year‑on‑year, an improvement from the initial reading of a 12.1% decline. The CSO also updated the full‑year 2025 figure for modified domestic demand, indicating an expansion of 4.7%, down from the previously reported 4.9% growth rate.
The article notes that the revised figures are generated with the support of artificial intelligence and have been reviewed by an editor, with a reference to the terms and conditions for further information.
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