Friday August 7, 2020

In uncertain times, Ireland remains focused on growth

Despite continued Brexit uncertainty, the EC forecasts that Irish GDP will rise by 5.6 per cent this year

24th November, 2019

The European Commission has increased Ireland's growth forecast for this year. In its autumn 2019 economic forecast, it predicts that Irish gross domestic product (GDP) will grow by 5.6 per cent for 2019.

The outlook is leaning more towards the positive than the negative for most sectors and it is quite possible that many corporates operating in the different industries in Ireland will begin to look more attractive than their British counterparts.

The European Commission’s GDP estimate is...

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