Monday June 1, 2020

Irish economy will grow at fastest pace in Europe this year - survey

Despite Brexit fears, falling unemployment and strengthening construction creates positive outlook

20th June, 2017
2

The economy will grow by 4 per cent in 2017, 3 per cent in 2018 and 1.9 per cent in 2019, according to a new survey.

Data collated by Bloomberg News projects Ireland will grow at the fastest pace among euro-area economies this year - despite uncertainties surrounding Brexit negotiations.

Chief economist at Merrion CapitalAlan McQuaid said: "Ireland is clearly the most exposed within the EU to Brexit risk and that will probably lead to a slowdown in growth.

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