IBEC sees 1% growth this year

Business lobby group IBEC expects the Irish economy to grow by one per cent this year despite the slowdown in activity in our main trading partners.

8th May, 2012
Danny McCoy, head of IBEC, which sees 1% growth this year

Business lobby group IBEC expects the Irish economy to grow by one per cent this year despite the slowdown in activity in our main trading partners.

In its latest quarterly economic survey, the Irish Business and Employers Confederation expects investment in plant and machinery to rise by 10 per cent.

"International trading conditions remain difficult but exporters continue to benefit from competitiveness improvements and the weaker euro has helped exports to non-eurozone countries," IBEC's chief economist...

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