The Dublin City Region plays a pivitol role in the economy of Ireland. The Dublin Economic Monitor tracks the capital’s performance quarterly to provide insightful data.
The loosening of COVID-19 restrictions helped to breathe life back into the Dublin economy over the course of the second quarter, with the recovery from the pandemic now underway in earnest. Companies in the capital, and across the rest of Ireland, will be hoping that this trend continues and that sustained growth can be secured over the rest of 2021 and into next year.
The extreme positive growth rates for overall retail sales were expected as we compare with the Covid-19 related restrictions in 2020. From a sector perspective we are seeing spending rebalance as spending returns to the discretionary sectors that were largely shut down over the past year.