Sunday November 29, 2020

Economy: ESRI sees continued growth and falling unemployment

Its latest quarterly report forecasts GDP growth of 4.8% this year and 4.1% next year

16th March, 2016
The ESRI expects the jobless rate to fall below 7.5% by the end of 2017

The Irish economy is expected to grow by around 4.8 per cent this year with gross domestic product expanding by 4.1 per cent next year, the Economic and Social Research Institute said, as unemployment falls below eight per cent by the end of 2017.

In its latest quarterly economic commentary, the Institute is forecasting continued economic growth and falling unemployment despite a growing level of global economic uncertainty.

It expects GNP, which excludes the multinational sector, to grow...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

Analysis: The sandwich-maker has tapped its shareholders for €100 million amid the continuing uncertainty over the pandemic

Ian Guider | 3 hours ago

GAA supporters around the country have long bemoaned the disproportionate funding directed towards Dublin. The GAA argues that it was merely rebalancing a perceived weakness in Dublin compared to its population size, but did it create a monster?

Barry J Whyte | 3 hours ago

The building materials giant last week posted earnings before ebitda of $3.4 billion for the first nine months of 2020, making light of tough trading conditions

Peter O'Dwyer | 3 hours ago