Ireland loses momentum after nine straight quarters of export growth

Ireland has lost its export growth momentum following nine consecutive quarters of growth, according to the second Investec Export Analysis Report.

The report, which captures export demand, export competitiveness and the pace of GDP growth in Ireland’s 15 major trading partners, found that growth stagnated in the last quarter of 2011.

Export demand was still up 1.3% on the same period in 2010.