Irish Growth to Fall Short of Noonan’s Forecast, Economists Say

Irish Finance Minister Michael Noonan’s forecast for faster economic growth this year may prove too optimistic, according to a Bloomberg News survey.

Gross domestic product will rise by 1 percent in 2012, according to the median estimate of 11 economists surveyed by Bloomberg. Last month, Noonan forecast expansion of 1.3 percent, quickening from an estimated 1 percent last year.