{
  "title": "Ireland: Staff Report for the 2004 Article IV Consultation",
  "publication": "IMF Staff Country Reports, November 4, 2004",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/ireland-staff-report-for-the-2004-article-iv-consultation-17823",
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  "summary": "This 2004 Article IV Consultation highlights that 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.",
  "sections": [
    {
      "heading": "Economic performance and recent developments",
      "content": "- In 2003, the economy of Ireland rebounded with GNP growing by almost 3 percent.\n- Recent indicators suggest that activity has continued to strengthen in 2004.\n- During 2003, inflation decelerated and is now close to the euro area average.\n- Most recently, oil price increases have led to a mild pickup in inflation."
    },
    {
      "heading": "IMF staff projections",
      "content": "- GNP growth of 4½ percent in 2004.\n- GNP growth accelerating slightly to 5 percent in 2005.\n- Core inflation is forecast to stay close to 2 percent."
    },
    {
      "heading": "Key subject areas covered",
      "content": "- Expenditure\n- Financial institutions\n- Housing prices\n- Inflation\n- Labor\n- Mortgages\n- Prices\n- Wages\n\nInternational Monetary Fund. Ireland: Staff Report for the 2004 Article IV Consultation (IMF Staff Country Reports 2004, 348).\n\n---\n\n Content in this bundle\n\n- cr04348\n  - cr04348 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr04348 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: November 4, 2004",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451818765.002",
    "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.",
    "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.",
    "**_cr04348**"
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