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Ireland’s economy shrank in the third quarter, preliminary data published by the Central Statistics Office showed Tuesday. Gross domestic product fell by 0.1% in the third quarter from the second, partly reversing growth of 0.2% in the second quarter from the first. ‘The small decrease was mainly driven by contraction in the multinational dominated industry sector in the third quarter of 2025,’ the CSO said. On-year economic growth slowed to 10.5% in the third quarter from 17.1% in the second quarter. Separately, the CSO announced that the volume of retail sales rose by 0.2% monthly in September and 3.5% on-year. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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