Joint Oireachtas Committee on Finance, Public Expenditure and Reform

 

September 2023

The third quarterly bulletin outlines the current assessment of the Irish economy.  The forecasts suggest Ireland’s economy will grow by 2.9 per cent this year, and by 2.6 and 2.3 per cent in 2024 and 2025 respectively.  Ireland has one of the strongest growth rates in the euro area and labour market conditions continue to remain tight: employment has reached record levels, unemployment is very low and vacancies across the economy – although they have eased more recently – remain above pre-pandemic levels.
 
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Source: www.centralbank.ie