Overall, as has been the case for a number of years, the continued surge in tax revenues is more than compensating for spending growth.
The latest set of national accounts data for Ireland, released by the Central Statistics Office (CSO) last week, provides further evidence of the volatility of GDP growth on paper, masking more benign trends in the real economy.
Join Jane Kavanagh from AIB's Corporate Treasury desk alongside David McNamara, Chief Economist, for this latest edition of AIB Market Talk. Using AIB's latest Irish Economic Outlook as the foundation, Jane and David unpack the key insights, exploring the global backdrop and the risks shaping growth, inflation and consumer behaviour in the year ahead.