Thursday, March 26, 2009 The economy of Ireland shrank by 7.5% in the last quarter of 2008 compared to the same period a year previously, according to official statistics. The decline is the worst in decades. For the entire period of 2008, the economy contracted by 2.3%, the first loss since 1983. The construction industry has suffered badly as a result of the recession, with a 24% fall in output, the largest decline ever recorded. Industrial...
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Irish economy sees biggest contraction in decades
April 2, 2022
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