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Central Bank Updates Its Economic Forecast

The Central Bank is expecting the domestic economy to grow by over 5 per cent this year - more than previously thought.

It's also revised upwards its projections for GDP growth - which includes multinationals - to over 15 per cent.

The unemployment rate is forecast to fall to around 7 per cent next year - with wage growth of around 5 per cent.

The Central Bank says wages will rise in some sectors more than others:

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