Noonan calls on shoppers to save economy
CSO figures confirm a strong showing by net exports, up 20.6% over 12 months, and continuing to be the key driver of economic growth, as domestic demand stays weak.
Measured in GDP terms, the economy grew 1.3%, but that contrasted with a sharp dip in GNP which was down 4.3%. GNP is regarded as the truer measure of performance as it excludes the profits of the multinationals based here.
