Economy shows resilience despite higher inflation and slower growth

EY forecast expects domestic economy to perform solidly in 2026

EY Ireland chief economist Loretta O'Sullivan. The EY Economic Eye Spring forecast expects the domestic economy to perform solidly in 2026 with continued jobs growth and consumer spending, but the challenging backdrop of the Middle East conflict will take its toll.

Ireland's economy is facing higher inflation and slower growth but is well placed to handle global challenges caused by the US and Israeli war on Iran, according to latest predictions from EY.

The EY Economic Eye Spring forecast expects the domestic economy to perform solidly in 2026 with continued jobs growth and consumer spending, but the challenging backdrop of the Middle East conflict will take its toll.