Investor Presentaiton slide image

Investor Presentaiton

Consumption is now a large contributor to economic growth - and is unaffected by MNC distortions Private consumption grew at 3.0% y-o-y in 2016 "Core"* retail sales up 3.3% y-o-y in value in Q1 (peak-100) 100 95 95 90 90 85 80 60 75 15 70 70 65 60 10% 115 8% 110 6% 105 Gap = price discounting; continues to widen 4% 100 2% 95 0% 00 90 -2% 85 -4% 80 -6% 75 2005 2007 2009 2011 2013 2015 2017 2002 2004 2006 2008 2010 2012 2014 2016 Consumption Growth Y-o-Y (RHS) Annualised Consumption (€bn) Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency Source: CSO, CSO (retail sales) 3m average Volume Index -Value Index 11
View entire presentation