How the Irish economy is doing after the Brexit vote September 2, 2021 September 2, 2021 admin

The Irish economy has recovered in the wake of the Brexit referendum, which saw the Irish pound plummet to a record low against the euro.

Key points:Irish economy has bounced back from Brexit voteThe Irish economy expanded by an average of 5.6 per cent a year since 2015, according to the Department of FinanceThe economy grew by 4.5 per cent in the second quarter of this year and is expected to expand by 3.5pc in the first quarter of 2019, according the Office of National Statistics.

It has also recovered the momentum it lost after the referendum result, with growth forecast to reach 4.7 per cent this year, according a preliminary estimate by the Office for National Statistics (ONS).

It is the first time the Irish government has recorded such growth since the start of the global financial crisis in 2008.

The Irish Times is publishing the ONS report ahead of its first-quarter financial results due on Friday.

The economy has been hurt by a slowdown in global trade and the loss of millions of jobs in the past two years.

Its recovery has been driven by a combination of the fall in sterling and the fall of the value of the pound.

However, the Irish Government has said that the recovery is far from complete and that it will take time for the economy to return to its pre-Brexit trajectory.

This article will be updated as more details emerge.