DUBLIN: The value of Irish imports jumped by 18 per cent to €6.15 billion in November amid worries that the current weakness in sterling could be inflating the cost of British-manufactured goods.
The latest trade figures from the Central Statistics Office also reveal that the value of exports fell by 1 per cent, to €10.2 billion, in November. This led to a decrease of €995 million, or 20 per cent, in the State’s seasonally adjusted trade surplus, which was put at €4 billion.
However, the underlying trend remains largely unaffected by Brexit, with the value of goods exports for the year to November up 5 per cent, to €108 billion, and the value of imports up 1 per cent at €64 billion.
