Economic Eye provides a comprehensive overview of the two economies on the island of Ireland.

Authored by Dr. Loretta O’Sullivan, EY Ireland's Chief Economist, our Spring Edition explores the outlook for the Republic of Ireland and Northern Ireland. Continued growth is expected in 2025 in both economies, underpinned by strong labour markets and further monetary policy loosening. At the same time, global uncertainty must be navigated, including shifts in US policy. Now, more than ever, focusing on innovation and infrastructure is crucial for sustaining competitiveness and supporting future prosperity.

To gain a deeper insight into these trends and our latest forecasts, we encourage you to download the full report.

The all-island economy: growth in uncertain times


Economic Eye Spring Forecast 2025



“Growth is in prospect for the two economies on the island of Ireland in 2025, alongside more jobs and lower interest rates as the European Central Bank and Bank of England’s easing cycles continue. Policy shifts in the US are making for an unsettled external environment though. As we step into spring, navigating global trade uncertainty is on the agenda. So is investment in innovation and infrastructure, which is important now more than ever.”

 

Dr. Loretta O’Sullivan
Chief Economist and Partner at EY Ireland

Loretta O'Sullivan



The all-island economy: growth in uncertain times


Economic Eye Spring Forecast 2025


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