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Aug 7 2020, 07:00 IST/BST
Yesterday’s Irish industrial production data and services output index indicated that activity bounced back in June, and GDP likely contracted at a sharper, but shallower, pace than in many European countries – helped by the multinational sector. Hence, we are likely to revise up our GDP forecast to a mid-single-digit contraction in 2020 from 10.3% currently.
Aug 7 2020, 07:00 IST/BST