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AIB Upgrades Ireland's Growth Forecast Amid Economic Resilience

11/18/2025

Summary

Story summary

Allied Irish Banks (AIB) upgrades its growth forecast for Ireland, projecting modified domestic demand to rise 3.2% in 2025.
Ireland's economy remains resilient, and United States (U.S.) tariffs have been less severe than anticipated, with the pharmaceutical sector important for exports.
Consumer spending and business investment are expected to cool.
Employment growth is projected to slow to 2.1% in 2025, while GDP grows 9.1% this year before decelerating to 3.8% next year.

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Story summary

Allied Irish Banks (AIB) upgrades its growth forecast for Ireland, projecting modified domestic demand to rise 3.2% in 2025.
Ireland's economy remains resilient, and United States (U.S.) tariffs have been less severe than anticipated, with the pharmaceutical sector important for exports.
Consumer spending and business investment are expected to cool.
Employment growth is projected to slow to 2.1% in 2025, while GDP grows 9.1% this year before decelerating to 3.8% next year.