Exports increased ahead of Brexit vote

Exports of Irish goods rose sharply in the weeks before the Brexit vote but analysts say that that favourable conditions will likely be reversed in the coming months after the euro lost a huge amount of its competitiveness against sterling.

The CSO figures show the growth in exports in June were driven by medical and pharmaceutical goods and electrical machinery, to reach €9.55bn in June.

That’s up from €9.14bn in May and is 2.2% higher from the €9.34bn level in exports posted in June 2015.