Conjoncture Flash March 2017

GDP growth went above the 4% mark in 2016 and the momentum for previous years was revised upward. The economic expansion continued at the end of the year, with a better balance between external and domestic demand. The national and European indicators continued to send out very positive signals in early 2017.

• International: Euro zone - results bode well for the 1st quarter

• Financial sector 1/2: UCI - Ireland gains ground

• Financial sector 2/2: Market downturn in the US markets in March

• Labour market 1/2: Rick pickings for job creation at end-2016

• Labour market 2/2: Productivity continues to recover

• Inflation: Inflation rising strongly

• Consumption: It’s (very) good for morale