New figures point to huge Covid rebound for Irish economy this year

An aerial view of the Pfizer site in Ringaskiddy, Co Cork.

The Irish economy grew by an even greater extent in the first quarter than first thought, new official figures show, suggesting the rebound from the Covid crisis will be exceptionally strong this year.  

The CSO said it had revised upwards GDP growth to 8.6% for the first three months of the year compared with the previous quarter.