Wednesday January 29, 2020

ERSI raises forecast for economic growth

The Irish economy could grow by around 2.7 per cent in 2014, according to the latest analysis in the ESRI Quarterly Economic Commentary.

16th May, 2013
Irish growth depends heavily on continued strong export performance.

The Irish economy could grow by around 2.7 per cent in 2014, according to the latest analysis in the ESRI Quarterly Economic Commentary.

It had previously predicted a growth rate of 2.2 per cent for the period.

But that rate of growth depends upon the realisation of current forecasts of an improvement in the international environment, it said. Such an improvement would mean stronger growth in exports of goods and services and growth in domestic demand.

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