inflation
Ireland’s economy exposed as global outlook tightens – Central Bank
CBI warns high levels of inflation eroding consumer spending power and business profit margins
Ireland is more exposed to a souring global economic outlook rooted in Russia’s invasion of Ukraine, supply chain difficulties and rising prices, the Central Bank of Ireland has warned.
In its financial stability review, the Bank said the Irish economy was still expected to grow this year but noted that as a small, open economy Ireland was more vulnerable to global financial conditions which had “tightened considerably” over the last six months.
Gabriel Makhlouf, the ...