Central Bank of Ireland, Quarterly Bulletin 2/2007

The Central Bank and Financial Services Authority of Ireland has published its Second Quarterly Bulletin for 2007. According to the Bulletin, price increases are set to continue due to the economy's dependence on imported oil and the poor performance of exports.

"Taken together, the growth of exports of goods and services has tended to lag behind world export market growth in recent years," the bank said, in its quarterly bulletin.

"This implies that Irish exports have lost market share, and

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