Nowcast (as of 21 August 2025)
August 21, 2025
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- As of August 20st, the ESRI's 2025Q2 nowcast estimates that MDD is growing at 3.8% year-on-year, up 0.2% from last month's estimate. This is the third and final estimate for 2025Q2 and is based on April, May and June data.
- Decomposing the key drivers of this month’s nowcast show that output, housing, tax, labour and survey data contributed positively to the estimate.
- On the other hand financial and consumption data had a negative impact on the estimate