Highest GDP growth for Ireland in 2018

The European Commission’s Summer 2018 Interim Economic Forecast predicts Ireland to have the highest GDP growth rate in the EU in 2018 at 5.6%, ahead of Malta in second place at 5.4%. This is well above the rate of 2.1% forecast for the euro area and the EU28 for this year. GDP growth of 4% is expected for Ireland in 2019, double the growth rate predicted for the EU and the euro area. Malta is predicted to have the highest growth rate in the EU in 2019 at 5%. The forecast predicts inflation in Ireland to reach 1% this year and 1.3% in 2019, below the 1.7% rate forecast for the EU for both 2018 and 2019.
Read more… https://ec.europa.eu/ireland/news/highest-gdp-growth-for-ireland-in-2018_en