Category: gdp

Davy upgrades GDP growth forecast for 2020 to 5.5%

Stockbrokers Davy have revised upwards their GDP growth forecast for 2020 to 5.5% from 4.1% previously. Davy said the upgrade came on the back of strong foreign direct investment, expansion in the multinational sector and an exceptional export performance. The new forecasts puts Davy well above official projections including the Central Bank’s estimate of 4.3% […]

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No State spending spree: expenditure here stands at lowest share of GDP in the eurozone

No State spending spree: expenditure here stands at lowest share of GDP in the eurozone Data released by Eurostat, the statistics arm of the EU, shows that Government spending here as a percentage of gross domestic product (GDP) is the lowest in the eurozone by a long way. At 25.7pc, it comes in well below […]

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