Ireland's foreign trade surplus decreased in May from a year ago as exports plunged amid a surge in imports, figures from the Central Statistics Office showed on Wednesday.
On an unadjusted basis, the trade surplus declined to EUR 5.3 billion in May from EUR 10.5 billion in the corresponding month last year. Meanwhile, the surplus increased from EUR 3.9 billion in April.
Exports logged an annual fall of 13.2 percent in May, while imports jumped by 22.0 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.