Export value growth sinks to lowest level this year

Ireland is still expected to generate another record annual trade surplus this year despite new CSO figures showing export value growth sunk to its lowest level of the year in August.

The data put the value of seasonally adjusted goods exports from Ireland in August at just over €9bn, down by 4.2% on the preceding month and the lowest level in 2017 to date.

A 2% increase in import value, to €5.4bn, resulted in a trade surplus of just under €3.6bn, which was 12% down on July’s level.