Indices Report

ESRI Nowcast (as of 22 April 2025)

April 22, 2025
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Related Press Release
  • As of April 17th, the ESRI's 2025Q1 nowcast estimates that MDD is growing at 3% year-on-year, up 0.5% from last months estimate. This is the second estimate for 2025 and is based on January and February data only.
  • Decomposing the key drivers of this month’s nowcast show that strong output data contributed positively to the estimate.
  • On the other hand, weaker consumption data compared to the same period in 2024 had a negative impact on the estimate.