Ireland's competitiveness already slipping again, warns report

Ireland’s relative cost competitiveness has already begun to slip, the National Competitiveness Council (NCC) has said.

17th July, 2014
Dr Don Thornhill, chairman of the National Competitiveness Council: "long term unemployment....an affront to a civilised society.”

Ireland’s relative cost competitiveness has already begun to slip, the National Competitiveness Council (NCC) has said.

The agencies Competitiveness Scorecard 2014 report said that, following a period of improvement during the recession, a range of indicators pointed to the disimprovement, including recent increases in labour costs, energy, business services, health, education and other public service costs, and house prices.

“There is a risk that a lack of corrective action now will result in lost...

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