Nowcast (as of 20 November)
November 20, 2025
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- As of November 20th, the ESRI's 2025Q3 nowcast estimates that MDD is growing at 3.7% year-on-year, unchanged from last months estimate. This is the final estimate for 2025Q3 and is based on July, August and September data.
- Decomposing the key drivers of this month’s nowcast show that industrial production output,
housing and prices were the main positive contributors to the estimate. - On the other hand, labour, consumption, financial and survey data had a negative impact on the estimate.