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Posts tagged Central Statistics Office
Economy suffers record collapse
Mar 25th
The Irish economy contracted by 7.1pc last year – the largest fall recorded in a single year, official figures revealed today.
The Central Statistics Office said the value of all goods and services suffered the biggest collapse in history but the rate of decline eased slightly as the year went on.
Gross domestic product fell by more than 8pc at the start of the year but that had reduced to about 5pc by the end of the year.
The value of homegrown business, measured by GNP, fell by 11.3pc over the year.
Finance Minister Brian Lenihan said the figures were marginally better than the Budget 2010 estimates of 7.5pc decline in GDP.
Immigrants leaving in thousands
Dec 24th
THE number of foreign nationals working and getting personal public service numbers (PPSNs) plunged last year as thousands of people left the country in the economic downturn.
Despite the huge exodus, social welfare “activity” among those who have stayed has gone up — driven largely by sharp unemployment.
New figures show that more than 154,000 foreign nationals were given PPS numbers last year to help them gain access to social welfare benefits, public services and information inIreland.
This was a drop of more than 60,000 (28pc) on the 2007 figure and almost 72,000 fewer than the peak allocation in 2006.