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Nov 11 2020, 06:30 GMT
Irish economy
Data suggest Irish GDP will hold up better in second lockdown
DAVY VIEW
Three weeks into Ireland’s second lockdown, high frequency data indicate that consumer spending, employment and housing demand have held up better than in the April/May period. Apple/Google mobility data reinforce this encouraging picture. Hence, our estimate that Irish GDP could contract by 1.3% in Q4 2020 could be too pessimistic.
