Saturday September 26, 2020

ESRI predicts 3.5% growth this year

The Irish economy will grow by nearly 3.5 per cent this year, according to the latest forecast from the Economic and Social Research Institute (ESRI).

7th August, 2014
GDP growth could reach 3.7% in 2015

The Irish economy will grow by nearly 3.5 per cent this year, according to the latest forecast from the Economic and Social Research Institute (ESRI).

The think-tank also predicted that unemployment would drop to about 9.8 per cent next year, down from 11.5 per cent this year, and that GDP growth could reach 3.7 per cent.

Despite the upbeat predictions, the ESRI said economic activity still remains significantly below 2007 levels.

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