Irish Economy 2011: GDP up 1.3% in Q1 on exports boost; GNP down 4.3% in quarter as domestic demand dipped
Jun 23rd, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Economy 2011: Initial estimates for the first quarter of 2011 show an increase, on a seasonally adjusted basis, of 1.3% in GDP (gross domestic product) and a decline of 4.3% in GNP (gross national product) compared with the previous quarter. In comparison with the corresponding quarter of 2010, GDP at constant prices was marginally up (+0.1%) while GNP was 0.9% lower.