NCB Stockbrokers said it is cutting its growth forecast for Ireland for next year as Euro area manufacturing looks “desperately weak.”
Ireland’s gross domestic product will expand by 1.1 per cent next year, down from the brokers earlier forecast of 1.7 per cent, according to a briefing note today. NCB raised its growth forecast for this year to 0.5 per cent from an earlier estimated contraction of 0.1 per cent, citing a later...
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