Irish economic growth slows amid US uncertainty

The Central Bank of Ireland has cut its growth forecast, citing uncertainty from US trade and tax policies. Modified domestic demand is now expected to grow by 2.7% in 2024, down from 3.1%, as potential tariffs and shifts in US taxation threaten Irish exports and corporate tax revenues.

Despite strong employment and easing inflation, risks remain skewed to the downside. Housing supply is also under pressure due to construction inefficiencies and planning delays. With global headwinds intensifying, long-term economic resilience is now a priority.

Read the full article for deeper insights into Ireland’s shifting economic outlook.