Financial transactions within multinational firms or lumpy investments such as in new aircraft can have a sizeable effect on measured Irish GDP. Still, faster growth in consumption and employment confirm that the domestic economy is growing at a robust pace.
This reflects the confluence of several positive factors, including the employment-rich nature of the recovery, a less constrained policy environment, the boost to purchasing power from lower energy prices, the  3  Of course, in addition to this electronic payments system, the Central Bank is responsible for the issuance of notes and coins through the banking system, which entails a considerable logistical and security operation.