Inflation easing but expected to remain elevated

 

March 2023

The Central Bank of Ireland published 8th March 2023 its first Quarterly Bulletin of 2023.On the launch of the Quarterly Bulletin, Robert Kelly Director of Economics and Statistics said:

The global economic backdrop has performed better than previously expected, and the Irish economy is showing continuing resilience. As the year progresses, amidst a tight labour market, household real incomes are expected to recover gradually, supporting underlying growth in the domestic economy. The headline inflationary pressures are easing, however inflation is expected to remain elevated in 2023 and 2024, albeit at lower rates than previously forecast”.

Find out more here.

Source: centralbank.ie