Government discipline and consumer confidence ‘key to Irish growth levels’

While Ireland is expected to achieve strong growth this year, Goodbody’s stockbrokers has identified seven key domestic indicators to watch in 2014.

Chief economist Dermot O’Leary said Irish GDP data is failing to tell the story of the Irish recovery due to the distortions of multinational exporters based here.

“This does not tell the full story,” said Mr O’Leary. “It is true to say that Ireland’s recovery is slow and protracted, but the GDP data hide some more encouraging trends in 2013. We are seeing a broad-based recovery in investment in the domestic economy.”