Forecast based on strong exports and rising demand but broker cites concerns on housing
“The
key reason for the upward revisions to our forecasts is Ireland’s
export performance,” says to a Davy report. Photograph: Bryan
O’Brien/The Irish Times
Irish stockbroker Davy
has raised its forecasts for Irish economic growth for this year and
next on the back of continued strong exports and an uptick in domestic
consumer demand... (read more)
EXTERNAL EXPANSION LTD., www.externalexpansion.net

Economists had expected the deficit to widen to $42.2 billion in July from a previously reported $41.5 billion shortfall in June. (
The
value of Irish exports increased by €1 billion in May, preliminary
figures from the Central Statistics Office show. Photo: Bloomberg