Yesterday we heard from the Government in its Spring economy Forecast that Ireland is likely to avoid a recession even in the event of a prolonged fuel crisis in the middle east.  That chimes with estimates from KPMG which says that Ireland will outperform many of its European peers amid this energy shock. Worryingly for house hunters, it expects rising ECB interest rates will add €1,200 to the average first time buyer annual repayments. 

All to discuss with Daragh McGreal, is chief economist with KPMG.