Tuesday, 17 April 2012

Irish exports show sharp drop of 12.7% in Feburary

From Politics.ie Poster Sport02

Data released this morning has showed that the value of Irish exports for Feb has dropped by just over one billion or 12.7% to 7.3 billion euro.

How many times have we heard of an export led recovery by politicans on the Vincent show, the same politicans that are still forecasting an incredible 1.5% growth for our economy in 2012, yes even better than Germany are hoping for over there.

This from Davy Stockbrokers.

Sharp 12.7% fall in nominal Irish goods exports to €7.3bn in February. Trade balance now €3.6bn. Consistent with slowing Irish export growth      

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