Ireland’s GDP rose by 1.2% in first quarter of 2020

0
99

[ad_1]

Ireland’s GDP rose by 1.2 per cent in the first quarter of 2020 despite the impact of the Covid-19 pandemic, according to figures released by the Central Statistics Office (CSO).

2019 also saw a 5.6 per cent increase in GDP compared to 2018. It remains to be seen how the pandemic will continue to impact the economy as a whole but economic growth was very health in 2019 according to the figures.

Last year saw increases in terms of industry (3.3 per cent), construction (7.5 per cent), and the information and communication sector (17.2 per cent) compared to 2018.

The full CSO report can be seen in the table below:

[ad_2]

Source link