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Irish Economy Grew Faster Than Expected Last Year

The Irish economy grew faster than expected last year, according to official figures from the CSO.

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It says GDP grew by 5.2 per cent last year – significantly higher than the 4.7 per cent expected in the Budget.

GNP, which strips out the impact of multinationals, shows an even-higher increase by 6.9 per cent.

Statistician Michael Connolly says Ireland's economy is now the same size as it was before the collapse.

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