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IBEC predict economy to grow by 1% #positiveireland

5/8/2012

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The Irish economy will grow 1pc this year, employers' group IBEC has predicted, beating government forecasts of a 0.7pc rise. Releasing its quarterly economic outlook today, IBEC expects the growth despite continuing political and economic uncertainties plaguing the eurozone. "Investment by industry in new equipment and machinery will grow again this year.

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