The miracle growth figures are just a balance sheet mirage - so beware
Published 13/07/2016 | 02:30
The Central Statistics Office (CSO) releases the Quarterly National Accounts at 11am, but provides a very useful embargoed briefing to journalists and economists 30 minutes earlier.
It is always interesting to observe the initial reaction from those attending the briefing to gauge the level of surprise - or otherwise - with what is reported.
Normally the reaction is pretty muted, as Irish national accounts typically do not throw up too many surprises, but yesterday was a different story entirely.