Irish GDP growth forecast 2012- 2013

World Economic outlook - Irish GDP growth forecast 2012- 2013 : Irish Economy 2012: Against a backdrop of a mild recession in Europe, a knock-on impact on the UK and a weak recovery in the US, coupled with fiscal retrenchments domestically and across Europe, the ESRI (Economic and Social Research Institute) forecasts today that Ireland's GDP (gross domestic product) will expand by 0.9% this year. GNP (gross national product - - a measure that compared with GDP mainly reflects the exclusion of the profits of the foreign-owned sector) will fall by 0.6% in 2012. In 2013, GDP is expected to rise by 2.3% and GNP by 1%.

EU-IMF cuts Irish GDP growth forecast 2012

World Economic outlook - EU-IMF cuts Irish GDP growth forecast 2012 : The European Union and International Monetary Fund on Thursday cut their 2012 GDP growth forecast for Ireland to 0.5 percent from 1.1 percent but said the government was still on target to meet its annual bailout targets.

Ireland economic growth forecast 2012

World Economic outlook - Ireland economic growth forecast 2012 : Ireland was one of the countries most affected by the crisis. The collapse of the banking system and the loan from the IMF took at the end of 2010 were the turning points in the last years for Ireland. If at the end of Q3 2011, the Irish economy showed signs of recovery, with an increase of 1.4%, Q4 brought an economic decline of 2%.

impact oil prices on irish economic growth in 2012

World Economic outlook - impact oil prices on irish economic growth in 2012 : IRISH economic growth in 2012 could be hampered by increasing oil prices — fuelled by US growth and growing tensions in the Middle East — made worse by a weakening euro.

The latest Bord Gáis Energy Index shows that while a decrease in gas and electricity prices caused the index to fall 1% for the month of December, the index now stands at 143 — 5% higher than in December 2010.