EY Economic Eye: Growth Uplift for Irish Economy Forecast for 2024 as Inflation Tracks Lower and Interest Rate Cycle Turns

EY forecasts Irish GDP to rise by 2.2% in 2024 and 3.8% in 2025; Modified Domestic Demand to grow by 2.2% in 2024 and 2.5% in 2025 Employment forecast to increase by 1.6% in 2024, labour market to remain tight Inflation continuing on its downward trend with EY forecasting inflation at 3% for 2024, returning […]

EY Economic Eye: GDP growth revised downwards based on gloomier global outlook but labour market continues to beat the odds

ROI GDP growth for 2020 revised downwards to 3.0% from 3.3% on the back of a weaker global economic outlook and continued Brexit uncertainty Growth is projected to further slow to 2.8% in 2021, assuming the avoidance of a hard Brexit A no-deal Brexit outcome could see 2020 GDP dip to 1.3% Tentative signs that […]