Irish Economy: Goodbody expects ‘Jekyll and Hyde’ performance to continue; Government’s 2012-2015 forecast looks too optimistic
Sep 23rd, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Economy: Goodbody Stockbrokers says the Irish economic performance has been of a 'Jekyll and Hyde' variety in recent quarters, with net exports contributing strongly and domestic demand continuing to drag. This trend is expected to continue. Domestic demand is expected to fall by 3.5% and 1.7% in 2011 and 2012, respectively. The broker says the Government's 2012-2015 forecast looks too optimistic.