Sunday February 23, 2020

Growth to slow over next two years, says Central Bank

Director of economics calls for public policy to ‘underpin stability by dampening potential volatility’

Daniel Murray

Business Reporter

12th February, 2020
Even with a successful trade deal between the European Union and Britain, growth in 2021 slowed to about 4.2 per cent, the bank said

Economic growth will slow down but remain robust over the next two years, the Central Bank has forecast.

In its first quarterly bulletin of 2020, the Central Bank said the economy grew at a “strong pace” of 6.1 per cent in 2019. It projected that growth in 2020 would slow to 4.8 per cent. Even with a successful trade deal between the European Union and Britain, growth in 2021 would “moderate further” to about 4.2...

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