Davy doubles projection for Irish economic growth to 10% this year.
Ireland’s gross domestic product (GDP) is forecast to grow by 10 per cent this year, according to Davy, which has more than doubled its projection.
“We have revised up our forecast for Irish GDP growth to 10 per cent in 2021 versus 4.8 per cent previously,” the group said on Monday.
The upward revision was mainly put down to the buoyant export and multinational sectors, but also because the indigenous economy is “performing better than expected”.
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