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Download.pdf

3547a63c-4e2e-48e2-8302-d4cc0c18fa7c.pdf

🔗 Source: assets.gov.ie

📊 Size: 284 KB

📄 Pages: 24 pages

⬇️ Downloads: 18

Summary

The Irish economy is expected to return to growth in 2011, driven by external demand and exports, which increased by 5.5% in the first half of the year. However, domestic demand continues to weigh on overall activity, with personal consumption expected to contract by 2.5% and investment forecast to contract by 11%. Real GDP growth is forecast at 1% for 2011, with a weaker expansion in real GNP at 0.4%. The labour market remains poor, with employment expected to contract by 1.9% and the unemployment rate forecast to increase to 14.3%. Consumer price inflation is moderate, reflecting the considerable slack in the economy and weak domestic demand.

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Description

The Irish economy is expected to return to growth in 2011, driven by external demand and exports, which increased by 5.5% in the first half of the year.

Technical Information

File Format: PDF
File Size: 284 KB
Pages: 24
Language: EN
Total Downloads: 18
Last Updated: 2 weeks ago

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