Nowcast (as of 30 June 2025)
June 30, 2025
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- As of June 30th, the ESRI's 2025Q2 nowcast estimates that MDD is growing at 3.1% year-on-year. This is the first estimate for 2025Q2 and is based on data from April only.
- Decomposing the key drivers of this month’s nowcast show that output, labour, sentiment, price,h ousing and tax data contributed positively to the estimate.
- On the other hand financial and weaker consumption data compared to the same period in 2024 had a negative impact on the estimate.