Ibec revises 2015 growth forecast up to 7.1%

The employers group warned that rapid growth will put pressure on Irish infrastructure

14th December, 2015
Ibec is looking for GDP growth of 7.1% this year

Employers group Ibec has revised its 2015 GDP forecast up to 7.1 per cent but has warned that rapid growth will heap pressure on Ireland's stretched infrastructure and public services.

In its quarterly economic outlook, the lobby group said it expects GDP to grow by 7.1 per cent in volume terms and 11.7 per cent in value terms on the back of stronger-than-expected consumer activity in the economy.

It said growth had been flattered by temporary factors outside Irish...

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