David McNamara: Slew of Irish data point to robust growth picture at present

Easing inflationary pressures should also support household real incomes and, in turn, consumer spending in the coming year

Indicators point to continued robust growth in the Irish economy.

Last week’s Irish GDP data provided the first full breakdown of the economy in the third quarter.

Beneath the volatile GDP data, up 3.5% quarter-on-quarter and 2.9% year-on-year, the domestic indicators point to a robust growth picture during the quarter and year to date.