Breakfast Business

The latest Central bank forecasts are out

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Sinopsis

The latest Central bank forecasts are out.  It says that modified domestic demand - which is a much better benchmark for the Irish economy than GDP due to our oversized multinational sector - will grow by 6.4% this year and a more modest 2.3% next year. Robert Kelly is the Acting Director of Statistics with the Central Bank of Ireland who spoke to Joe Lynam this morning.