Irish economic growth in 2012

21 March 2013

On 21st March 2013, the Irish Central Statistics Office (CSO) announced economic growth of 0.9 per cent in 2012, the second year of growth after three years of recession.

It was mainly the sectors of distribution, transports, IT software and communication that contributed to this increase. Exports were up 2.9 per cent compared to 2011. On the other hand, household consumption was down 0.9 per cent and public spending fell back by 3.7 per cent.

Due to this positive development, Ireland hopes to be free from the aid plan by the end of this year.

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© An Phríomh-Oifig Staidrimh - Irish Central Statistics Office