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Macro - Country Economic Forecasts - Ireland

Publisher Oxford Economics
Published May 20, 2022
Length 11 Pages
SKU # OFE17190277

Description

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.

Table of Contents

11 Pages
Ireland: The economy continues to experience growthflation
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics
How Do Licenses Work?
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