Oliver Mangan: High inflation may take over from Covid as main risk to global growth
When assessing where the Irish economy stands after almost two years of the Covid-19 pandemic, it is best to use 2019 as the base for comparisons.
Overall, the economy has come through the crisis in very strong shape, although there are some sectors that have been badly impacted and are recovering more slowly. Very substantial fiscal support measures amounting to circa 20% of national income have played a key role in limiting the damage to the economy.
