Irish GDP contracts by 3.3% so far this year 

GDP not considered the best measure for Irish economic activity due to the presence of several multinational corporations here

GDP shrank by 1.2% between July and September compared to the same period last year. 

Ireland’s gross domestic product (GDP) is estimated to have contracted by 1.2% between July and September, compared to the same period last year, new figures from the Central Statistics Office (CSO) shows.

Overall, the Irish economy has contracted by 3.3% over the first nine months of the year.