The level of GDP has dropped to levels last seen in the last quarter of 2014.

Water levels in the Waimea River had dropped to levels that had triggered the need for rationing.

Prices had also dropped to levels that compensate for the risk that commercial property revenue and value would decline more, analysts said.

And on Tuesday, the Iseq -an index of Irish shares listed on the exchange - dropped to levels last seen in 1995.