Chambers Ireland Welcomes Positive Trade Surplus

Chambers Ireland has welcomed today’s (12/10/12) CSO figures which indicate a 27% increase in the seasonally adjusted trade surplus in August 2012 when compared with July 2012. Particularly positive is the increase in both exports and imports, month on month and year on year.

Speaking earlier today, Seán Murphy, Chambers Ireland Deputy Chief Executive said “Exports and imports continue to be a key contributor to Ireland’s economic recovery, which indicates further stabilisation with businesses beginning to buy as well as sell. The fact that exports are being driven mainly by chemical, medical and pharmaceutical products highlights the importance of FDI to our economy. It is vital that with the announcement of Budget 2013 fast approaching, the Government ensures that the cost of doing business in Ireland remains competitive.”

-Ends-

For further information contact Amy Woods, Chambers Ireland on 01 400 4319, 086 6081605 or email amy.woods@www.chambers.ie.