| 15.2°C Dublin

Year of growth ahead

THE Central Bank is forecasting growth of 2.1pc this year and 3.2pc in 2015 thanks to a projected recovery in exports and a strong pickup in consumer spending.

The assessment is fractionally better than a previous forecast in October of 2pc.

In its latest quarterly bulletin, the Bank said that while the country has left the bailout, there is still a need for further austerity.