Irish economy returns to growth as GDP rises 0.9% in first quarter

Follows five quarters of GDP contraction

Modified Domestic Demand (MDD), the measure of domestic activity went up by 1.4%.

The Irish economy returned to growth in the first three months of the year following five consecutive quarters of contraction.

New data from the CSO shows a 0.9% increase in GDP compared to the first quarter of 2023. Modified Domestic Demand (MDD), the measure of domestic activity went up by 1.4%.