Growth in Dublin slows as construction activity contracts 

Economic monitor shows slowdown was driven by 'activity levels in the construction sector swinging sharply' from robust expansion between July and September, to contraction in between October and December
Data from MasterCard shows consumer spending in Dublin during the last three months of the year increased by 3.4%, with the entertainment sector — which includes hotels, bars, and restaurants — being the main driver.

Data from MasterCard shows consumer spending in Dublin during the last three months of the year increased by 3.4%, with the entertainment sector — which includes hotels, bars, and restaurants — being the main driver.

Growth in Dublin slowed towards the end of last year, driven by a contraction in the construction sector which saw activity swing “sharply” between October and December.

According to the latest Dublin Economic Monitor, the slowdown in the capital was mitigated by stronger performances across the services and manufacturing sectors.

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