Wednesday April 8, 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

@danieltmurray
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...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Countries that have suffered a terrible loss of human life and incurred crippling debt in the struggle against Covid-19 may question the value of the EU if they are made to carry the burden of that debt themselves

Barry J Whyte | 3 days ago

Covid-19 presents us with the chance to rebuild an Ireland with enhanced quality of life and better public infrastructure at its core

Aidan Regan | 3 days ago

The bestselling economist is in lockdown in Paris while his new 1,100-page book, Capital and Ideology, has just been published. Recently, he and 400 other academics signed a letter arguing that Europe’s Covid-19 crisis needed a Europe-wide financial response: the Eurobond

Daniel Murray | 3 days ago