Ireland's central bank raises 2023 CPI projections, lowers GDP forecast

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Ireland's central bank raises 2023 CPI projections, lowers GDP forecast

<p>The Central Bank of Ireland quarterly bulletin, info via Reuters. </p><ul><li>its forecast for its preferred economic growth measure is 2.3% next year (from 4.2%)</li><li>inflation forecast for next year 6.3% (versus 4.2% previously)</li><li>inflation forecast for 2022 to 8% (from 7.8%)"These developments will dampen the expected pace of economic growth over this winter and into next year as households and firms delay less-essential spending and investments in light of uncertainty and more constrained real incomes," the central bank said </li></ul><p><a href="https://sg.finance.yahoo.com/news/irish-central-bank-sees-lower-230940137.html" target="_blank" rel="nofollow">Reuters link is here for more info.</a> </p><p>EUR is little changed:</p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: Ireland's central bank raises 2023 CPI projections, lowers GDP forecast

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