Ireland Economy Edged Up 0.2% in Q2

Ireland’s economy grew by 0.2% quarter-on-quarter in Q2 2025, surpassing the preliminary estimate of a 1.0% decline, but easing sharply from a revised 7.5% expansion in Q1. The globalised Industry sector expanded 2.5% in the quarter, while the Information & Communication sector rose 1.8%. Overall, the multinational-dominated sector increased 1.1%. Domestic activity showed mixed trends: personal consumption grew 1.0%, government spending rose 2.5%, but gross fixed capital formation dropped sharply by 36.9%. On the foreign trade front, both exports (-4.0%) and imports (-10.8%) declined. Meanwhile, GNP rebounded 15.7%, following a 6.6% decline in Q1.