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Quarterly Economic Commentary, Autumn 2014

Duffy, David and FitzGerald, John and Byrne, David and Ciara, Morley (2014) Quarterly Economic Commentary, Autumn 2014. [Working Paper]

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    The fiscal and economic growth conditions underpinning the 2015 budget have improved quite significantly over the past quarter. In light of the recent trends observed in economic activity, we now revise upwards our growth forecasts for GNP to 4.9 and 5.2 per cent for 2014 and 2015 respectively. This improvement in the forecast is driven by a combination of better than expected performance in the net trade sector, a pick-up in investment levels and strong budgetary receipts. In a research note to the Commentary we highlight how the adoption of the “Nowcasting” methodology enhances our understanding of movements in Irish economic activity between the official release dates of the quarterly national accounts.

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    Item Type: Working Paper
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Quarterly Economic Commentary
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 12 Sep 2019 14:52
    Number of Pages: 100
    Last Modified: 12 Sep 2019 15:06

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