## Ireland: 2017 Article IV Consultation-Press Release; and Staff Report

_IMF Staff Country Reports, June 26, 2017_

## Source details

**Canonical URL:** [Ireland: 2017 Article IV Consultation-Press Release; and Staff Report](https://www.imf.org/en/publications/cr/issues/2017/06/26/ireland-2017-article-iv-consultation-press-release-and-staff-report-45006)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/06/26/ireland-2017-article-iv-consultation-press-release-and-staff-report-45006/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/06/26/ireland-2017-article-iv-consultation-press-release-and-staff-report-45006/index.json)
- [Bundle manifest](/en/publications/cr/issues/2017/06/26/ireland-2017-article-iv-consultation-press-release-and-staff-report-45006/bundle-manifest.json)

## Bibliographic details
- Published: June 26, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484305539.002

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### Key findings
- Real GDP expanded by 5.2 percent in 2016.
- Growth was supported by a healthy expansion of private consumption and buoyant investment, including construction.
- Strong broad-based job creation brought unemployment down to 6.4 percent in May, its lowest level in a decade.
- Inflation remained low as the recent pickup in energy prices and upward pressure from services were partly offset by the impact of weakness in the British pound.
- The outlook remains positive, but with substantial, mainly externally driven, downside risks.

### Economic outlook and projection
- Real GDP is projected to grow at 3.9 percent in 2017, propelled by strong domestic demand.

### Subject areas highlighted
- Banking
- Expenditure
- Housing
- Income
- Labor
- National accounts
- Public debt
- Wages

*Source: Ireland: 2017 Article IV Consultation-Press Release; and Staff Report, June 26, 2017.*

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17171.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17171.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/06/26/ireland-2017-article-iv-consultation-press-release-and-staff-report-45006_