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Tue 07 Jul 2007Slower growth is sign of new era, says ESRIAnalysis:ESRI thinks economy weill achieve a soft landing after years of flying high, writes Paul TanseyHaving peaked in 2006, the Irish economy has now entered a phase of slower growth. The pace of economic expansion, as measured by real Gross Domestic Product (GDP), is now forecast by the Economic & Social Research Institute (ESRI) to decelerate from 6.0 per cent in 2006 to 4.9 per cent this year and 3.7 per cent in 2008.