
The domestic economy in Ireland how is it doing?
26 May - 6 minsThe domestic economy in Ireland will remain ticking along nicely with modified domestic demand set to be 2.5% this year. Unemployment is set to pick up a little bit next year but it’s all clouded by the global macroeconomic perspective. That’s the view of AIB in its latest economic snapshot. The report expects GDP here to soar then fall notably next year while consumer spending is set to moderate next year.
To discuss the report findings Joe spoke to David McNamara is the AIB Chief Economist.