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Good news on economy from CSO

There's further evidence today that the Irish economy is on the road to recovery. New figures from t...
TodayFM
TodayFM

2:32 PM - 3 Jul 2014



Good news on economy from CSO

News

Good news on economy from CSO

TodayFM
TodayFM

2:32 PM - 3 Jul 2014



There's further evidence today that the Irish economy is on the road to recovery.

New figures from the Central Statistics Office show overall economic growth of two point seven per cent - in the first quarter of the year.

Analysts say the numbers - along with the positive Exchequer figures published yesterday - will mean fewer cuts will be needed in the Budget.

The Central Statistics Office says the growth was driven by the export sector - while consumer spending was down slightly.

Yesterday - the Department of Finance published the Exchequer figures for the first six months of the year - which revealed tax take was around half a billion euro ahead of projections.

Heres Fergal O'Brien from IBEC...



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