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 - Wednesday 15 May, 2013
France enters recession in first quarter
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
ESRI predicts economic growth and fall in unemployment in 2013
The ESRI said the driving force behind the reduction in unemployment is ongoing net emigration.
# gross-domestic-product - Tuesday 18 December, 2012
Irish economy grows by 0.2 per cent in third quarter
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
Think-tank says Irish economy is ‘bouncing along the bottom’
The ESRI’s latest economic forecast says Ireland’s economy will shrink in 2012, and grow only very modestly in 2013.
# gross-domestic-product - Thursday 22 March, 2012
Recession returns as Ireland’s economic output falls again
Irish economic output has declined for two successive quarters – meaning Ireland is technically back into a recession.
# gross-domestic-product - Wednesday 15 February, 2012
Eurozone economy shrinks for first time since 2009
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
Irish economy shrank by 1.9 per cent in third quarter
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
Shares continue rally after US records 2.5 per cent GDP growth
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
EU economic growth grinds to a halt in second quarter
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
Central Bank scales down expectations for economic growth
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
Ireland’s economy to stagnate in 2011: OECD
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
ESRI calls for more cuts and higher taxes to wipe deficit
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
Economy shrank by 1.6 per cent in fourth quarter of 2010
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
In numbers: Brian Cowen’s tenure as Taoiseach
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
Central Bank hauls back economic growth forecasts
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
ESRI tones down forecasts for economic growth
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
Ireland’s economy grew between July and September
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
Ireland’s economy will shrink again in 2011, says E&Y
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
‘Double-dip’ recession looms as GDP falls by 1.2% in three months
New CSO statistics show economic output fell in the months from April to June, having risen in the months before that.
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