Irish Economy Grew Better Than Forecast In 2014

IRISH ECONOMY GREW BETTER THAN FORECAST IN 2014

The Irish economy grew slightly better than forecast last year, according to official figures just published.

The Central Statistics Office says there was GDP growth of 4.8 percent – the Government’s last prediction for the year was 4.7 percent.

Ireland’s growth rate is now five times the euro area average, as every sector of the economy provided positive growth last year.

In the final quarter of 2014, GDP increased by 0.2 percent over the previous quarter, with agriculture proving to be one of the major contributors.

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