Personal consumption expenditure, a measure of consumer spending on goods and services, fell by 10.4%  in 2020. Photograph: Dara Mac Donaill

Growth in the Irish economy last year has been revised upwards, making it one of the strongest performers globally, despite the pandemic and the restr(...)

 Minister for Finance Paschal Donohoe expects the economy to contract in the first three months of this year.  Photograph: Julien Behal.

The Irish economy grew by 3.4 per cent in 2020, despite one of the toughest pandemic related lockdowns in Europe, on the back of record growth in the (...)

Consumption, the largest component of domestic demand, fell by 19.6% as shops, bars and restaurants were forced to close to curb the spread of the virus. Photograph Nick Bradshaw/The Irish Times

The Irish economy contracted by 6.1 per cent between April and June as a jump in the value of exports offset much of the coronavirus’ impact. The slu(...)

The State’s economy grew 1.7 per cent in the third quarter of this year, helped by activity in the financial and insurance sectors. Photograph: iStock

The State’s economy grew 1.7 per cent in the third quarter of this year, helped by activity in the financial and insurance sectors, figures released b(...)

The global clampdown on multinational tax avoidance has precipitated a massive transfer of assets to Ireland which is expected to continue well into next year.

Imminent closure of the controversial double Irish tax loophole prompted a surge in intellectual property transfers in the second quarter. The move l(...)

Consumers spent €26.26bn  in the first three months of this year, an increase of around 3%  on the first quarter of 2018

Irish people spent almost €142 billion last year as the economy surged, the latest figures show. The Central Statistics Office (CSO) said on Thursday(...)

The forthcoming Eurostat visit is ‘routine’, according to the CSO. Photograph: iStock

The Central Statistics Office said it has held “intensive discussions” with the EU’s statistics agency on the recent sharp revision of Ireland’s econo(...)