2024 will see real wage growth across the economy — NERI

Ireland has entered a more modest phase of growth but living standards should improve for most people in the year ahead

Incomes did not keep pace with price inflation in 2022/23 and living standards fell. Picture: Stephen Collins

Where is the economy heading as we hurtle towards 2024?

My own view is that 2023 will mark the second-last year in the rollercoaster economic cycle that was triggered by the covid pandemic and was then characterised by a debilitating energy shock and cost-of-living crisis.