The measure for the Irish economy, known as Modified Domestic Demand, declined by 1.3 per cent in the fourth quarter.

The latest InterTradeIreland business monitor reveals a pattern of slowing growth emerging among Irish firms.

The business representative group said a slowdown in the Irish economy may have already begun

The value of the euro dropped below the dollar for the first time since 2002 on Wednesday

Australia’s economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic, with official data released on Wednesday confirming the country is experiencing its first recession in 28 years.