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EY said an additional 24,000 jobs are likely in the retail sector by 2020, driven by a rise in consumer spending, while it forecasts more than 20,000 new construction jobs during the same period

Irish economy to grow by 2.7% by 2020 - EY report

Ireland's economy will continue to grow at a good pace over the next four years, despite the backdrop of economic and political uncertainty, according to the EY Economic Eye Winter Forecast.

Business • 19 Dec 16

ESRI says economy will grow by 3.5% in 2017, down from its earlier prediction of 3.8%

ESRI downgrades its economic outlook for 2017

The Economic and Social Research Institute has downgraded its outlook for the economy because of the threat posed by a hard Brexit.

Business • 15 Dec 16

The IMF said it projected world economic growth to slow to 3.1% in 2016, before recovering to 3.4% in 2017

IMF downgrades growth forecast for Irish economy

The International Monetary Fund has downgraded its growth forecast for the Irish economy for this year and next.

Business • 04 Oct 16

European Banking Authority's latest health check will spare banks from being given a simple pass or fail mark

EU banking watchdog launches stress test

European Union banks will be tested on their ability to raise funds in thin bond markets in a shrinking economy hit by tumbling commodities and property prices, the bloc's banking watchdog said last night.

Business • 25 Feb 16

ONS confirms UK gross domestic product growth of 0.7% in the second quarter

UK post-recession growth stronger than estimated

The UK economy emerged from the recession more strongly than previously thought, according to revised official figures.

Business • 30 Sep 15

Central Bank predicts that GDP will expand by 4.5% in 2014

Central Bank eyes GDP growth of 4.5% for this year

The Central Bank has nearly doubled its prediction for economic growth this year, largely due to a higher than expected level of exports.

Business • 03 Oct 14

Revised forecast shows a drop of 130,000 barrels a day from the IEA's prediction in June

IEA cuts 2014 oil demand outlook

The International Energy Agency today cut its forecast for 2014 oil demand to 92.7 million barrels a day due to weaker than expected global economic growth.

Business • 11 Jul 14

Domestic demand is set to make a bigger contribution to economic growth here, according to Goodbody

Domestic demand 'boosted by investment growth'

Strong growth in investment is leading to an acceleration in domestic demand, according to a report by Goodbody Stockbrokers.

Business • 15 Apr 14

World Bank gives brighter outlook on world economy for 2014

World Bank sees stronger growth in 2014

The World Bank has raised its forecast for global growth for the first time in three years as advanced economies started to pick up pace.

Business • 15 Jan 14

Euro zone grew by just 0.1% in the three months from July to September

Euro zone recovery slows more than expected in Q3

The euro zone economy all but stagnated in the third quarter with France's recovery fizzling out and slower expansion in Germany.

Business • 14 Nov 13

Central Bank cuts growth forecast for this year from 0.6% to 0.5%

Don't cut back on austerity - Central Bank

The Central Bank has urged the Government not to cut back on fiscal consolidation in this year's Budget.

Business • 02 Oct 13

OECD sees Europe joining US recovery

The outlook is gradually improving for advanced economies while even crisis-weary Europe is at last joining the recovery, the OECD said today.

Business • 03 Sep 13

China records economic growth of 7.7% in first three months of 2013

China's economic growth slows in first quarter

China's economic growth slowed unexpectedly in the first three months of the year, fueling concern about the strength of its shaky recovery.

Business • 15 Apr 13

Economic output from the euro zone fell 0.6% in the fourth quarter of 2012

No Christmas boost for euro zone in Q4

Falling investment and consumers' reluctance to spend even at Christmas were behind the euro zone's slide deep into recession in the last three months of 2012.

Business • 06 Mar 13