Posts Tagged ‘economy shrink’
Further Shrinks of Irish Economy
Friday, March 27, 2009 16:06 No CommentsAs consumer spending continued to collapse and industrial output took a severe hit in the downturn, the Irish economy shrank by a record 7.5% towards the end of last year.
Consumer spending was 4% lower in the fourth quarter of 2008 year compared to previous year’s figure, while capital investment declined by 30.6% over the year. [...]
