| 13°C Dublin

Dramatic fall in growth

THE number of small and medium businesses in growth mode fell between April and June to fewer than a third despite strong signs of an economic recovery, a survey suggests.

And more than 80pc of firms questioned said they were not exporting, according to the latest assessment of the SME sector from cross-border development body InterTradeIreland.

Its Business Monitor survey found that the number of companies growing fell to 29pc between April and June compared with 37pc in the first three months of the year.