“Ireland’s high concentration of exports in a few fields and companies may continue to cause volatility in the country’s economic growth figures.”
“We are approaching the end of a year in which Russia has cast the dark shadow of war across our Continent once again,” the economy commissioner Paolo Gentiloni said in a statement. Labour markets are nevertheless forecast to remain strong, with Ireland’s unemployment rate set to increase just slightly from 4.4 per cent in 2022 to 4.8 per cent next year and 5 per cent in 2023.
“These sectors are generally expected to remain resilient and supply difficulties have reportedly diminished.” “Generally, the financial situation of Irish households remains solid, with the unemployment rate at historic lows and wages rising, albeit more slowly than inflation.”