Wednesday, January 31, 2007

Central Bank predicts Irish economic growth of 5.5%

RTE:

The Central Bank has predicted that the economy will grow at a rate of about 5.5% this year, which is only slightly slower than the growth recorded for last year.

The bank said that growth will be driven by strong consumer expenditure on the back of the encashment of SSIA savings accounts.

The forecast is for about 71,000 net new jobs to be created in the economy.

Central Bank expects economy to grow 5.5%

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