On Air Now Ryan O'Neill 6:00am - 10:00am Email
Now Playing ONE MARY J BLIGE, U2 Download

Central Bank Updates Its Economic Forecast

The Central Bank is expecting the domestic economy to grow by over 5 per cent this year - more than previously thought.

It's also revised upwards its projections for GDP growth - which includes multinationals - to over 15 per cent.

The unemployment rate is forecast to fall to around 7 per cent next year - with wage growth of around 5 per cent.

The Central Bank says wages will rise in some sectors more than others:

More from East Coast FM Wicklow News

Later...

Co Wicklow Weather

  • Bray

    Sunny intervals

    High: 14°C | Low: 8°C

  • Wicklow

    Sunny intervals

    High: 13°C | Low: 8°C

  • Arklow

    Sunny intervals

    High: 15°C | Low: 6°C

  • Blessington

    Sunny intervals

    High: 16°C | Low: 5°C

  • Baltinglass

    Sunny intervals

    High: 16°C | Low: 6°C

Listen Live Listen