Central Bank: Irish economy is set for ‘sustained period of robust growth’

Domestic economic activity is expected to be back at pre-pandemic levels by the end of this year with growth of 7.1 per cent in 2022

6th October, 2021
Central Bank: Irish economy is set for ‘sustained period of robust growth’
Mark Cassidy,, the director of economics and statistics at the Central Bank of Ireland, said a strong recovery appeared to be underway across the Irish economy.

The economy is set to enter a “sustained period of robust growth” as Covid-19 restrictions are eased further and domestic demand reaches pre-pandemic levels by the end of the year, the Central Bank has said.

In its latest quarterly bulletin, the financial regulator said it was forecasting modified domestic demand, which strips out much of the distorting effect of the multinational sector in Ireland, to grow by 5.5 per cent in 2021, up...

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