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#Economic Outlook

# economic-outlook - Monday 13 April, 2015

Ireland's economy is racing ahead (but you might not get a pay rise just yet)

And some sectors will see a pay boost sooner than others.

# economic-outlook - Wednesday 20 August, 2014

No more austerity needed to hit Budget target, says Goodbody - and we could even cut income tax

The latest quarterly report from Goodbody Stockbrokers has some positive points on the Irish economy.

# economic-outlook - Wednesday 10 July, 2013

Government needs to press ahead with €3.1 billion Budget adjustment, ESRI says

The think tank says the package is the best course of action, whatever happens in the economy.

# economic-outlook - Friday 3 May, 2013

Brussels report says Irish economy will grow slightly less than govt forecast

Dublin said 1.5 per cent growth in the Budget, and 1.3 per cent last week… but the European Commission says 1.1 per cent.

# economic-outlook - Monday 1 October, 2012

Investors more confident in Ireland, but fearful for global economy

RaboDirect’s investor barometer says 37 per cent of Irish investors are confident about the country’s short-term outlook.

# economic-outlook - Thursday 29 September, 2011

Consumer sentiment drops amid ongoing job security and Budget fears

Sentiment in Ireland didn’t fall as much as among other Europeans or in the US – possibly because of an already-poor outlook here.

# economic-outlook - Friday 30 July, 2010

THE CENTRAL BANK today announced good economic news. Amid the doom and gloom and bad weather the bank has raised its forecast for Ireland in its latest economic outlook. While April showed a 0.5% decline in GDP, the bank now believes there will be a 0.8% rise in GDP over 2010. The boost comes as a result of rising exports.

GDP, which is said to be a better indicator for Ireland, given the large number of foreign multinationals who repatriate their profits abroad, is predicted to decline by 1% in 2010, but the figure is lower than the 1.5% decline previously predicted by the bank.

However, it’s not all good news, as the bank said it believed employment growth was unlikely until the end of the year.

Predictions for 2011 remain bright, with growth of 2.8% in GDP predicted and 2.2% in GNP. The bank said said the figures were contingent on the government cutting the budget deficit, the implementation of the Croke Park agreement and the recovery of the banking sector.

The good news comes a day after a report was released suggesting an increase in consumer confidence.