Ireland’s economy likely to lag in 2024 as multinational sector declines | Euronews Newsletter Events Search Loader Newsletter Events Search Loader Loader Search
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ADVERTISEMENT Ireland’s gross domestic product (GDP) is estimated to fall by 0.5% this year, according to the recently released Autumn 2024 Economic Forecast report by the European Commission. This is primarily because of the multinational sector dwindling in the first half of 2024. However, economic growth is likely to pick up in 2025, with GDP expected to rise to 4% next year, as well as 3.6% the following year. The Irish inflation rate is expected to be 1.4% in 2024 and 1.9% in 2025, while
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