Irish exports down in November, but up compared to 2014

Irish exports in November 2015 fell by over €1.1bn in the month but were still higher than November 2014, allaying concerns for the time being about the country’s exceptional trading performance.

The outlook for world growth has darkened considerably since late last year, as doubts about the outlook for China’s economy resurface.

Fears the world is heading into recession have been reflected in the dramatic falls for world stock markets in the first few weeks of January, reminding investors of the Chinese market rout that rocked stock markets across the world last summer.