Central Bank lowers growth forecast over rising uncertainty
In its latest economic bulletin, the Central Bank is now forecasting modified domestic demand - the preferred measure of the domestic economy - to grow by 2% this year and by 2.1% on average between 2026 and 2027.
The Irish economy is in a “little bit of a straitjacket” at the moment, as growth is constrained by issues around housing and infrastructure, officials in the Central Bank of Ireland have warned as it revises downwards its forecast for domestic economic activity due to heightened uncertainty.
In its latest economic bulletin, the Central Bank is now forecasting modified domestic demand - the preferred measure of the domestic economy - to grow by 2% this year and by 2.1% on average between 2026 and 2027.
