Ireland : Staff Report for the 2004 Article IV Consultation

1IRLEA0012004 Image
Price:  $15.00

Release Date: © November, 2004
ISBN : 978-1-45181-876-5
Stock #: 1IRLEA0012004
English
Stock Status: On back-order

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Description

This 2004 Article IV Consultation highlights that in 2003, the economy of Ireland rebounded with GNP growing by almost 3 percent. Recent indicators suggest that activity has continued to strengthen in 2004. During 2003, inflation decelerated and is now close to the euro area average. Most recently, however, oil price increases have led to a mild pickup in inflation. IMF staff projects that the economic recovery will gain momentum with GNP growth of 4½ percent in 2004, accelerating slightly to 5 percent in 2005. Core inflation is forecast to stay close to 2 percent.




More publications in this series: IMF Staff Country Reports