Capital Gains... just about

According to various media reports, business activity in Dublin's private sector continued to expand in Q3 2025 but only marginally. Surveys showed that the headline rate stood at 50.8, down from 52.2 in Q2 2025. This shows the weakest rate of growth since late 2022.

However, the index remains above the crucial 50-point threshold that signals economic expansion. The report shows that activity across the rest of Ireland also slowed, but growth remained slightly stronger than in Dublin at 51.4.

In the capital, the manufacturing and construction sectors both recorded increases in output. While the services sector, which is the biggest sector in the capital, saw activity dip to 49.4. This means the services sector is now in contraction territory for the first time since early 2021.

For any questions on this topic, please contact SFA Public Affairs Lead, Jonathan McDade.