The European Central Bank has forecast that the Irish economy will grow by 3.3% next year, Business World reported. In its latest economic projections, the ECB also said that inflation here would rise by just 0.5% next year. “The medium-term outlook for global activity remains one of strengthening growth, albeit below its pre-crisis pace,” the ECB said. “Overall, growth appears to be holding up in advanced economies and seems to have bottomed out in emerging market economies.”