Data shows strong Irish economic growth

The Irish economy continued its robust growth phase last year, according to national accounts data published by the Central Statistics Office (CSO).

It showed gross domestic product rose by over 10 per cent in each quarter compared to the same periods in 1999.

Gross national product in 2000, which includes repatriated income from abroad, exceeded that of the corresponding quarter by 8 per cent or more, the CSO said.

The manufacturing sector showed strong growth throughout the year, recording a 17 per cent increase on 1999.

Personal consumption fell in the second half of the year to an annual rate of 8 per cent compared to an annual rate of 12 per cent in the first half of the year.