Ireland's gross domestic product (GDP) contracted by 0.6% in the final quarter of 2025, compared to the preceding quarter, which had already seen a 0.3% decline, based on preliminary data. This represents the second straight quarter of economic contraction, primarily resulting from a slowdown in the industrial sector dominated by multinational corporations. Year-on-year, the economy grew by 3.7%, a notable deceleration from the 10.8% growth experienced in the prior quarter, marking the slowest annual growth since the economic downturn observed in the second quarter of 2024.