BANK OF IRELAND has scaled back its expectations of Ireland’s economic growth for 2011 – adding its name to a growing list of bodies that has baulked on its original forecast for growth. In its latest quarterly outlook, the bank forecasted growth of 0.5 per cent in GDP this year – compared to 1.5 per cent growth in previous forecasts.
#Gross Domestic Product
# gross-domestic-product - Thursday 27 June, 2013
The economy shrank in the first quarter of 2013. And in the last quarter of 2012. And in the third quarter of 2012…
# gross-domestic-product - Wednesday 15 May, 2013
French economic growth has been sluggish lately as a result of record unemployment and falling household demand – the key driver of the economy.
# gross-domestic-product - Thursday 31 January, 2013
The ESRI said the driving force behind the reduction in unemployment is ongoing net emigration.
# gross-domestic-product - Tuesday 18 December, 2012
That might not sound like much, but the eurozone as a whole shrank by 0.1 per cent in the same period.
# gross-domestic-product - Friday 21 September, 2012
# gross-domestic-product - Thursday 22 March, 2012
Irish economic output has declined for two successive quarters – meaning Ireland is technically back into a recession.
# gross-domestic-product - Wednesday 15 February, 2012
Data published by the EU’s statistics body shows that the European economy shrank by 0.3 per cent in Q4 of 2011.
# gross-domestic-product - Thursday 2 February, 2012
# gross-domestic-product - Friday 16 December, 2011
Striking new figures from the Central Statistics Office show that the economy took a major hit between July and September.
# gross-domestic-product - Thursday 27 October, 2011
The US economy grew at an annual rate of 2.5 per cent in the third quarter of 2011 – averting the risk of a second recession.
# gross-domestic-product - Tuesday 6 September, 2011
GDP in both the EU and the Eurozone grew by just 0.2 per cent between April and June – a big drop from the previous quarter.
# gross-domestic-product - Friday 29 July, 2011
The latest quarterly bulletin has less ambitious targets for growth in both GDP and GNP than the last one did.
# gross-domestic-product - Thursday 26 May, 2011
The think tank has encouraged a cut in dole payments to the long-term unemployed, but says house prices will stop falling in 2012 and supports the Irish decision not to raise the corporate tax rate.
# gross-domestic-product - Wednesday 11 May, 2011
The economic think tank says Ireland should aim to cut it’s budget deficit within three years in order to return to the markets – and that this should be done through pay cuts, spending cuts and higher taxes.
# gross-domestic-product - Monday 11 April, 2011
# gross-domestic-product - Thursday 24 March, 2011
The latest statistics from the CSO show that GDP fell by 1.6 per cent – but GNP rose – with overall declines for 2010.
# gross-domestic-product - Wednesday 9 March, 2011
As one administration takes power, another steps down – so here’s some condensed figures on the Brian Cowen era.
# gross-domestic-product - Monday 31 January, 2011
Three months ago the Central Bank thought the economy would grow by 2.4 per cent in 2011 – now it’s just 1 per cent.
# gross-domestic-product - Thursday 20 January, 2011
The think-tank’s latest quarterly bulletin scales back its estimation for economic growth – from 2.25% to 1.5%.
# gross-domestic-product - Thursday 16 December, 2010
The threat of a double-dip seems off the cards: Ireland’s economy was back in positive territory for the third quarter.
# gross-domestic-product - Tuesday 14 December, 2010
Ernst & Young says GDP will fall by 2.3% next year, with unemployment growing – but there’s other forecasts for Celtic Tiger 2.
# gross-domestic-product - Thursday 23 September, 2010
New CSO statistics show economic output fell in the months from April to June, having risen in the months before that.