Ireland: Staff Report for the 2004 Article IV Consultation
IMF Staff Country Reports, November 4, 2004
Source details
- Canonical URL
- Ireland: Staff Report for the 2004 Article IV Consultation
Other formats
Bibliographic details
- Published: November 4, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451818765.002
Economic performance and recent developments
- In 2003, the economy of Ireland rebounded with GNP growing by almost 3 percent.
- Recent indicators suggest that activity has continued to strengthen in 2004.
- During 2003, inflation decelerated and is now close to the euro area average.
- Most recently, oil price increases have led to a mild pickup in inflation.
IMF staff projections
- GNP growth of 4½ percent in 2004.
- GNP growth accelerating slightly to 5 percent in 2005.
- Core inflation is forecast to stay close to 2 percent.
Key subject areas covered
- Expenditure
- Financial institutions
- Housing prices
- Inflation
- Labor
- Mortgages
- Prices
- Wages
International Monetary Fund. Ireland: Staff Report for the 2004 Article IV Consultation (IMF Staff Country Reports 2004, 348).