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NERI warns against over-hyping Ireland’s improving economic position

Date Released: 11 August 2014

News of rising house prices, fewer households in negative equity, falling dole queues, rising spending in the shops and the long farewell to the Troika together with a relatively benign Irish summer, so far, have lifted the economic mood a little in the Republic of Ireland.

In the North the spillover from improvements in the UK wide economy are being felt. A sign that conditions are improving is when economic forecasters (among whom NERI is now counted) are ‘upgrading’ their projections of employment, output or public finances from Quarter to Quarter. more 

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