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
Over €2,000 Damage Caused in Vandalism at Athy Sports Ground
Weather Warning Issues Storm Dave Approaches Ireland
Fresh Blow For Metrolink As Programme Director Quits
Investigation Into Death Of Inmate In Portlaoise Prison
Intel Reclaims Control of Key Irish Chip Facility In Leixlip
€7m Worth Of Cannabis Seized In Athy
Budget 2027 To Take Place On October 6th
Kildare Gardaí See Increase In Drivers Taking Off Without Paying For Fuel, Whilst State Of The Nation Address Not Ruled Out By Taoiseach
