Quarterly Economic Commentary, Autumn 2019.

McQuinn, Kieran and O’Toole, Conor and Allen-Coghlan, Matthew (2019) Quarterly Economic Commentary, Autumn 2019. [Working Paper]

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Abstract

Although the Irish economy continues to perform in a robust manner, a number of considerations arise given the present growth performance. Firstly, due to certain multinational related activities, a divergence is likely once again between headline and underlying output growth for the present year. While we are revising upwards our forecast of headline GDP to just less than 5 per cent for 2019, certain underlying data would suggest the growth outlook has moderated somewhat as we move through the present year. Secondly, a number of significant international related risks are on the horizon for the Irish economy. As with previous Commentaries, our forecasts, unless otherwise stated, are subject to the technical assumption that the United Kingdom remains part of the European Union.

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