Sunday March 29, 2020

Davy revises GDP growth forecast up to 6% this year from 4%

The stockbroker warned that 'Brexit' poses the biggest threat to growth

13th April, 2016
Davy is forecasting GDP growth of six per cent this year

Davy Stockbrokers has raised its

Irish economic growth forecasts and now expects GDP to grow by six per cent this year and four per cent next year "due to the exceptionally strong momentum in the economy that has been maintained into early 2016".

However, the stockbroker warned that the possibility of 'Brexit', along with political uncertainty at home, posed a threat to its forecasts. Davy had previously forecast...

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