The Irish Economy – Forecast Overview and Summary. Quarterly Economic Commentary Special Article, Spring 2016

Duffy, David and McQuinn, Kieran and Morley, Ciara and Foley, Daniel (2016) The Irish Economy – Forecast Overview and Summary. Quarterly Economic Commentary Special Article, Spring 2016. [Working Paper]

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Abstract

On foot of the substantial growth performance in 2015, the Irish economy looks set to continue to grow robustly in 2016. The economy as measured by GDP grew by 7.8 per cent in 2015; we expect that it will grow by 4.8 per cent in 2016. GNP, which grew by 5.7 per cent in 2015, is expected to increase by 5 per cent in the current year. Growth in 2016 is set to be heavily influenced by domestic factors with investment and consumption continuing to play a more central role in the overall growth performance of the domestic economy.

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