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Quarterly Economic Commentary, Winter 2020. ESRI Forecasting Series December 2020.

McQuinn, Kieran and O'Toole, Conor and Allen-Coghlan, Matthew and Coffey, Cathal (2020) Quarterly Economic Commentary, Winter 2020. ESRI Forecasting Series December 2020. UNSPECIFIED.

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    Abstract

    This Commentary highlights a significant recovery in the Irish economy in Q3 coinciding with the easing of restrictions over this period. Exports continued to perform very strongly in Q3, propped up by an ongoing strong performance in medicinal and pharmaceutical products and computer services. Consumption and Investment were also significantly improved relative to Q2 but are expected to be lower for the full year. As a result of the strong export performance in particular, our GDP forecast for 2020 has been revised up and we now expect the Irish economy to grow by 3.4 per cent this year.

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    Item Type: Other
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs > economic growth
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI General Papers
    Depositing User: Daniel Pennell
    Official EU Document: No
    Language: English
    Date Deposited: 11 Aug 2021 13:25
    Number of Pages: 113
    Last Modified: 11 Aug 2021 13:25
    URI: http://aei.pitt.edu/id/eprint/103499

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