May trade surplus figures down

The Republic's trade surplus with the rest of the world fell in May, according to preliminary figures released yesterday

The Republic's trade surplus with the rest of the world fell in May, according to preliminary figures released yesterday. It was £1.5 billion (€1.9 billion) in May, compared to £1.6 billion in April. Overall, the surplus grew by 27 per cent between January and April, according to Mr Tom Kitt, the Minister of State for Trade.

Exports were £19.5 billion during the five-month period, exceeding imports by £6.2 billion.