Macro - Country Economic Forecasts - Ireland
Irish inflation reached heights not seen in decades, as consumer prices rose 7% in April. But despite the resulting squeeze on consumers' spending power and another sharp drop in sentiment, survey data and other evidence point to an economy that is being borne along by a healthy degree of positive momentum. As such, we're sticking with our forecast that GDP will grow by close to 4% this year, followed by a rise of 3.3% in 2023.
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