Wednesday, 18 September 2019 11:30 GMT

Ireland's trade surplus on decline in Q1

(MENAFN) Ireland's national statistics bureau CSO said the country's trade surplus had a declining tendency in the first quarter of this year.

In January, the country's trade surplus reached 6.9 billion euros, and by February, the monthly figure declined to 6.1 billion euros, while the March figure further shrank to 4.5 billion euros.

According to data by the CSO, such a month-by-month decline of the country's trade surplus in the first three months of a year had never been seen since 2016.

Ireland is an export-oriented economy and much of its economic growth depends on its trade surplus.


Ireland's trade surplus on decline in Q1

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