Irish economy

New Irish economic forecasts


We have revised up our forecast for Irish GDP growth to 15.5% in 2021 and 7.6% in 2022. This mainly reflects the exceptional performance of the buoyant multinational sector, which has expanded by 24% so far this year. However, buoyant employment, consumer spending and tax revenues point to a strong rebound in domestic activity. We expect indigenous sector output to grow 6.7% in 2022 (versus 6.3% previously).

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Dec 10 2021, 06:30 GMT