evidence: The Irish economy grew by a better-than-expected 12.2 per cent last year despite a severe cost-of-living squeeze and a significant slowdown in the global economy. This was significantly ahead of Government forecasts and made Ireland the fastest growing economy in Europe once again. [...] The fourth quarter figure meant GDP – on an annual basis – is estimated to have increased by 12.2 per cent, when compared with 2021. While this was marginally down on the 13.5 per cent growth recorded in 2021, it is the strongest growth figure registered by any euro zone member. [...] Goodbody economist Shaun McDonnell said the latest numbers meant Ireland was the fastest growing economy in Europe last year.