NI Economy Outlook Update with Conor Lambe, Danske Bank

The Northern Ireland economy should return to its pre-Covid level of output by the first half of 2023 some Northern Ireland economists have forecast and whilst they estimate the economy shrank by more than 10% last year, it is expected to grow by nearly 6% this year and 4% in 2022.

And, although it has become more difficult for businesses in either part of Ireland to import goods from Great Britain since the NI Protocol began operating in January, cross-border trade has continued to rise, with NI exports to the Republic up 44% in the first quarter of the year

Conor Lambe, Danske’s Chief Economist will talk us through Danske’s forecasts and his predictions for NI growth and what trends to watch over the coming months.

Presenter bio:

Conor Lambe, Chief Economist, Danske Bank

Conor is responsible for the Bank’s economic analysis and forecasts, writing regular opinion articles for the Northern Irish media and frequently speaking at local business events.

Economic analysis is a useful tool for many businesses. It can help you to understand what is driving the performance of the economy and whether current trends are likely to continue, as well as what the implications could mean for your business.