Irish growth rockets in Q2

  • Q2 GDP 1.9% vs 1.0% exp q/q. Prior 1.4%. Revised to 2.1%
  • 6.7% vs 5.1% exp y/y. Prior 6.5%. Revised to 7.2%
  • August HICP 0.2% vs 0.0% exp y/y. Prior 0.2%
  • CPI 0.0% vs -0.2% prior y/y

Great numbers and fantastic revisions for Ireland. Maybe there are some seasonal or one off factors but who cares. The numbers above can mean only one thing...

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