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ECONOMICS COMMENTARY Jan 04, 2013

Ireland bucks Eurozone downturn as growth accelerates in the fourth quarter

The Irish economy continues to recover modestly, in contrast to the picture seen across much of the rest of the Eurozone. The latest official data showed gross domestic product rising in the third quarter of 2012, and the more timely PMI data meanwhile suggest that further growth was recorded by the economy in the final three months of the year. By comparison, the Eurozone as a whole remains in a downturn.

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