Ireland's economy contracted for the second straight quarter in the three months ending in March, preliminary figures from the statistical office CSO showed on Wednesday.
Gross domestic product fell a seasonally adjusted 2.0 percent sequentially in the first quarter, slower than the 3.8 percent expansion in the fourth quarter. With this, the country has now entered a technical recession.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.