AIB Economic Outlook May 2024
by AIB Treasury's Economic Research Unit
- Irish growth expected to continue at a more moderate pace than recent years, as the economy nears full capacity.
- Labour market to continue to grow and employment to reach 2.8 million by 2026.
- Central bank interest rate decreases will support real economy in the coming years.
- Real wages to rise as inflation normalises.
- Key trading partners’ performance provides a steady backdrop for the Irish economy.
- Theme in Focus: The outlook for interest rates.
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