Advertisement
News

Ireland's economy returns to pre-Covid levels

Jan 26, 2022 07:53
By News Northern Sound
Share this article
Ireland's economy returns to pre-Covid levels

The Central Bank is forecasting roughly 170,000 new jobs to be created through to 2024, and unemployment to fall below 5 per cent in that period.

Ireland's economy has returned to pre-Covid levels.

In its latest quarterly bulletin, the Central Bank's predicting domestic demand to grow by 7.1 percent this year.

It's forecasting roughly 170,000 new jobs to be created through to 2024, and unemployment to fall below 5 per cent in that period.

Advertisement

However it says inflation's now at a 21 year high, at 5.7 percent, due to surging demand, supply bottlenecks and rising energy prices.

But Director of Economics and Statistics at the Central Bank, Mark Cassidy, says the overall outlook's positive:

Tags used in this article
Advertisement

NorthernSound Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.

Northern Sound FM
Milltown Business Park
Monaghan
H18 YF22

Download NorthernSound App Today

Copyright © 2026 Northern Sound FM. Developed by Square1 and Powered by PublisherPlus