FOREX TradingCharts.com

Financial News: Ireland GDP Growth Revised Higher In Q1

Ireland GDP Growth Revised Higher In Q1

06/05/2025 - 08:21:00 (RTTNews)

(RTTNews) - Ireland's economic growth accelerated in the first quarter of 2025, revised from a slowdown estimated initially, the latest figures from the statistical office CSO showed on Thursday.

Gross domestic product advanced a seasonally adjusted 9.7 percent sequentially in the first quarter, faster than the upwardly revised 5.0 percent expansion in the fourth quarter.

Further, this was the strongest growth since the third quarter of 2020.

Multinational-dominated sectors grew by 12.4 percent over the quarter, with domestic sectors increasing by 0.7 percent, the agency said.

Data showed that Modified Domestic Demand, a broad measure of underlying domestic activity that covers personal, government, and investment spending, grew by 0.8 percent.

On a yearly basis, GDP growth quickened to 22.2 percent from 9.2 percent in the final quarter of 2024. In the flash estimate, the rate of expansion was 13.3 percent.

Separate official data showed that the unemployment rate edged down to 4.0 percent in May from 4.1 percent in April. The number of unemployed people declined to 118,600 from 118,800.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Australia Inflation Data Due On Wednesday (03 hr(s), 49 min(s), 52 sec(s) ago)
(RTTNews) - Australia will on Wednesday see Q2 figures for consumer prices, highlighting a modest ...Full Story»

Belgium Economic Growth Slightly Slows In Q2 (10 hr(s), 43 min(s), 52 sec(s) ago)
(RTTNews) - Belgium's economic growth eased modestly in the second quarter of the year, revers ...Full Story»

U.S. Job Openings Decrease Slightly Less Than Expected In June (11 hr(s), 25 min(s), 52 sec(s) ago)
(RTTNews) - The Labor Department released a report on Tuesday showing job openings in the U.S. dec ...Full Story»

U.S. Consumer Confidence Modestly Improves In July (11 hr(s), 33 min(s), 52 sec(s) ago)
(RTTNews) - Consumer confidence in the U.S. saw a modest improvement in the month of July, accordi ...Full Story»

Eurozone Consumers Lower 1-Year Inflation Expectation: ECB Survey (12 hr(s), 36 min(s), 52 sec(s) ago)
(RTTNews) - Euro area households' inflation expectations for the short-term eased in June whil ...Full Story»

Finland GDP Contracts In June (12 hr(s), 42 min(s), 52 sec(s) ago)
(RTTNews) - Finland's economy contracted for the first time in four months in June, Statistics ...Full Story»

Italy Non-EU Trade Surplus Declines In June (13 hr(s), 15 min(s), 52 sec(s) ago)
(RTTNews) - Italy's non-EU trade surplus declined in June as growth in imports outpaced the in ...Full Story»

Austria Manufacturing Activity Contracts At Slower Pace (13 hr(s), 56 min(s), 52 sec(s) ago)
(RTTNews) - Austria's manufacturing activity contracted at a slower pace in July as output ret ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Australia Inflation Data Due On Wednesday

07/29/2025 - 17:59 PM (RTTNews)
(RTTNews) - Australia will on Wednesday see Q2 figures for consumer prices, highlighting a modest ...Full Story>>

Belgium Economic Growth Slightly Slows In Q2

07/29/2025 - 11:05 AM (RTTNews)
(RTTNews) - Belgium's economic growth eased modestly in the second quarter of the year, revers ...Full Story>>

U.S. Job Openings Decrease Slightly Less Than Expected In June

07/29/2025 - 10:23 AM (RTTNews)
(RTTNews) - The Labor Department released a report on Tuesday showing job openings in the U.S. dec ...Full Story>>

U.S. Consumer Confidence Modestly Improves In July

07/29/2025 - 10:15 AM (RTTNews)
(RTTNews) - Consumer confidence in the U.S. saw a modest improvement in the month of July, accordi ...Full Story>>

Eurozone Consumers Lower 1-Year Inflation Expectation: ECB Survey

07/29/2025 - 09:12 AM (RTTNews)
(RTTNews) - Euro area households' inflation expectations for the short-term eased in June whil ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.