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Damned lies and statistics
- As ever, the Irish macro data tell a fascinating story of global trends as it pertains to the large multinationals that operate here.
- Beneath the GDP headline data, domestic indicators point to a robust growth picture in 2025.
- These trends mean MDD is becoming less reliable as an indicator of purely domestic activity.
- Looking ahead, the current conflict in the Middle East raises the risk of a fresh inflationary shock to the European and Irish economies.
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