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...

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