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Irish central bank lifts 2026-2027 growth forecasts on AI investment

Ireland’s central bank raised economic growth forecasts for 2026 and 2027 by about half a percentage point, citing stronger consumer spending and a surge in AI-related investment by foreign multinationals.

LLY

Ireland's central bank raised its economic growth forecasts for 2026 and 2027 by around half a percentage point, citing stronger consumer spending and, in particular, a surge in AI-related investment by foreign multinationals. The bank lifted its forecast for the second successive quarter for 2026 and 2027.