GDP surge will extend next year, say analysts

GDP figures showing the economy is Europe’s fastest growing has the potential to keep up the pace in 2018, despite Brexit headwinds, analysts have predicted.

The CSO said under the conventional GDP measure that growth surged 4.2% in the summer quarter from the spring quarter, and soared 10.5% from a year earlier.

Ireland is again an outlier in the international growth league with an economy ostensibly growing at almost twice the pace of Romania, the second fastest-growing in Europe, and by over eight times the rate of the eurozone-wide average, which is posting one of its strongest recoveries ever.