Monday 16 October 2017

It's not the end, but green shoots visible

THE economy is finally showing signs of returning to life after years of decline and stagnation.

Yesterday, the Central Statistics Office published its best estimate for growth over the autumn while also announcing that it had been a tad too pessimistic about the first half of the year. The good news is that the economy has grown over the the first three quarters of the year – the first time it has recorded sustained growth in four years.

The return to growth is far from spectacular but it is encouraging to see that several areas of the economy are gradually improving in unison. We no longer have to look to exports alone for glimmers of hope. The figures show consumers are creeping back into the shops and finally spending again.

Please sign in or register with for free access to Opinions.

Sign In Comments Facility

INM has taken the decision to remove the commenting facility on its online platform to minimise the legal risk to our business that arises from Ireland's draconian libel awards system.

We continue to look forward to receiving comments through direct email contact or via social media, some of which may still be featured on the website

Don't Miss