Market Report, "Ireland Food & Drink Report Q3 2012", Published
BMI View: Fiscal austerity, lacklustre price consumption and continued weakness within Ireland's housing market still weigh heavily on domestic demand. We therefore forecast that the Irish economy will contract by 0.5% in real terms over the course of 2012. Economic recovery also remains very much dependent upon strength in exports, and with the eurozone also in recession the external outlook looks far from robust.
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