Irish growth rate set to dip says CB

IRELAND - Economic growth in Ireland is set to halve in 2002, but next year should see an upturn, according to the country's central bank.

Growth is likely to fall from 5.9% last year to just 3% in 2002, but should rebound to 6.75% in 2003, the Central Bank of Ireland said in its annual report. But the growth forecast depends on a recovery in the global economy and on Ireland's ability to control inflationary pressures. If inflation were to raise its head, it would have the "potential to

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