Central Bank of Ireland, Quarterly Bulletin 3/2006

The Central Bank and Financial Services Authority of Ireland has published its Third Quarterly Bulletin for 2006. According to the Bulletin, growth prospects for the domestic economy remain positive.

"The economy's average growth rate in recent years has been in line with its potential of 41/2 to 5 per cent and, in the absence of shocks, this pattern seems likely to persist both this year and in 2007. The latest National Accounts data from the CSO indicate that GNP growth last year was 5 ·4 per

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