Fears for recovery as exports much weaker across all sectors than forecast

Ireland’s export-led recovery could be hitting a speed bump as the most recent external trade figures released by the CSO are much weaker across all sectors than had been forecast.

The seasonally adjusted trade surplus for October was down €245m or 8% compared with September.

Investec chief economist Philip O’Sullivan said closer inspection of the figures showed Ireland’s export performance was lagging far behind the figures posted in 2012.