New CSO figures have shown that Ireland has hit a ‘technical recession’.
The economy grew by 0.3% in GDP terms in the final three months of last year, which was not as much as expected - while Modified Domestic Demand, which ignores the impact of multinationals, declined by 1.3%.
So where is our economy at?
Seamus Coffey, former Chair of the Irish Fiscal Advisory Council and Professor of Economics at UCC spoke to Kieran