Cost competitiveness ‘improving’

IRELAND’S cost competitiveness has improved but property and broadband prices as well as legal fees are still too high.

Cost competitiveness ‘improving’

According to a report from the National Competitiveness Council (NCC) on doing business in Ireland costs needs to fall further if Ireland is to continue to attract foreign direct investment.

The report said that while the costs of many goods and services have fallen significantly in Ireland in the past two years, there are some exceptions. The cost of waste water services increased by almost 19% last year and legal services fell very slowly and, at the end of last year, were 18% above the 2006 price.

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