Momentum in the Irish economy is building.
Consumers are feeling more optimistic about the economy as Covid restrictions ease.
The latest Bank of Ireland business pulse index rose by 3.8 points to 92.7 in May.
That’s 51.3 points higher than the same time last year.
Chief Economist with Bank of Ireland, Loretta O’Sullivan, says it’s the fourth month in a row that it’s increased.
Momentum in the Irish economy is building according to research by Bank of Ireland.
The results of their latest business pulse index shows a rise in consumer confidence.
It’s led the bank to revise its GDP growth forecast to 5.8 per cent this year.
Consumer and business confidence up in May
— Bank of Ireland (@bankofireland) May 31, 2021
Minister Lawless Says Govt. Can't Solve Every Issue For Students
E-Scooter Ban For Under 18s Comes Into Effect
CHI Failed To Comply With Regulations For Children's Health Records
Nine Gaming Companies Under Investigation By CCPC
Man Charged With Healy-Rae Assault Launches High Court Bail Application
37% Of Young Men Partially Blame Rape Victims Who Were Under Influence Of Substances
Under Ten Garda Driving Instructors Set To Complete Pursuit Course By End Of Year
Some SIPTU Members Beginning Industrial Action Today
