Friday June 5, 2020

Risks to global growth cloud Ireland’s future

While official domestic forecasts are upgrading expectations for the Irish economy, it’s sobering to look at key factors underlying last year’s extraordinary uptick in GDP

22nd April, 2018

The last two weeks have been kind to Irish economic forecasters, with a strong GDP print for 2017, and major growth upgrades.

The Department of Finance this week upped its earlier forecast from 3.5 per cent for 2018 to 5.6 per cent, and tilted its 2019 forecast from 3.2 per cent estimated around Budget 2018 up to 4 per cent. Both improvements were driven by the official projections now putting unemployment at 5.8 per cent for...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

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



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Many of us have achieved a new life balance that might just be the real ‘new normal’

Sharyn McAndrew | 2 weeks ago

Property firms such as QRE are dealing with the coronavirus lockdown by trying to maintain some normality in their day-to-day business

Conor Whelan | 3 weeks ago

Hardline opposition to EU solidarity in funding the cost of Covid-19 is driven by German allergy to ‘imprudent’ spending, and by Dutch politicians fearing the transfer of funds to southern countries would provoke a far-right backlash

Barry J Whyte | 1 month ago