EU forecasts return to growth for Irish wages this year as inflation cools

EU Commission also projects healthy budget surpluses this year and for 2025

The EU Commission also projects unemployment will remain at around its historically-low levels for the State at 4.4%.

Wage growth across the Irish economy will turn positive this year as inflation cools and will continue to recover in 2025, according to the latest EU-wide forecasts. 

Ahead of a probable general election this year, the EU Commission also projects that the Exchequer is set to post healthy budget surpluses this year and for 2025, even as the growth in government revenues declines.