Irish trade surplus shrinks in May as exports fall faster than imports

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Ireland’s trade surplus declined in May, data published by the Central Statistics Office showed Monday.

Ireland’s trade surplus contracted 18% in May to €7.08 billion from €8.61 billion in April.

The country’s exports declined 11% to €17.15 billion in May from €19.25 billion the prior month, while imports fell more mildly, by 5.4% to €10.07 billion from €10.64 billion.

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