Central Bank issues bullish forecast for Irish economy | Business Post

The Central Bank is forecasting domestic demand in the economy will grow by 7.1 per cent this year. Picture: Fergal Phillips

The short-term outlook for economic growth and employment levels in the Irish economy are optimistic, the Central Bank of Ireland has said. The regulator is forecasting domestic demand in the economy will grow by 7.1 per cent this year, 5.2 per cent in 2023 and 4.8 per cent in 2024, while unemployment levels are set to fall to pre-pandemic levels below 5 per cent in the next three years.Subscribe from just €1 for the first month!

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No evidence inflation ‘ingrained’ in Irish economy but price increases likely to persist | Business PostNo evidence inflation ‘ingrained’ in Irish economy but price increases likely to persist, the governor of the Central Bank of Ireland has said. peterodwyer1 reports. peterodwyer1 He mustn’t be shopping In SuperValu peterodwyer1 Inflation is a term used by some to signify price increases, when it's really adding money, which dilutes existing currency, meaning less value money.(QE) The first to get this new money have a great unfair advantage as they have pre price rise cost? Look at who gets it first?
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