ESRI: Growth in Irish domestic economy may be slowing sharply

Ireland leading economics think tank still projects that GDP will expand next year, thanks to the exports of the multinationals, 

The domestic economy appears to have slowed sharply in recent weeks and could even stagnate by the end of the year, according to an assessment by the Economic and Social Research Institute. 

It comes as the ESRI released a so-called "now forecast" which estimates that Modified Domestic Demand, or MDD, a measure that better reflects compared with GDP the experiences of households and Irish businesses in the domestic economy, rose by just 2.2% in September from a year earlier.