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Dublin Live

National

Emma Nevin

Recession for Dublin 'increasingly realistic', says capital's economic monitor

Recession Dublin Mastercard

A recession in Dublin is "an increasingly realistic possibility" according to the latest Dublin Economic Monitor published this morning.

Mastercard data shows that spending in the capital fell by 8.3% from Q4 2021 to Q1 2022.

Department and clothing stores were the hardest hit, with spending falling 28.3% quarter on quarter.

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