Quarterly economic bulletin from the Central Bank of Ireland

Inflation pressure will come from domestic pressures and not from global factors according to the latest Quarterly economic bulletin from the Central Bank of Ireland.  It also said that modified domestic demand, which is a better measure of Irish economic wealth, will grow by a more sustainable 2% on average over the coming years.  And wages are set to grow in real terms over the next 2 years.    Speaking to Joe was Robert Kelly is the Director of Economics and Statistics.