Rising costs could threaten export-led recovery

The cost of exporting goods from Ireland is reaching crisis point, due to rising fuel prices and shipping surcharges, the Irish Exporters Association has said.

28th April, 2012

The cost of exporting goods from Ireland is reaching crisis point, according to the Irish Exporters Association (IEA). Rising fuel prices and shipping surcharges have caused "significant suffering" in the manufacturing and agri-products sector, the association said.

The value of Irish exports rose by four per cent to almost €93 billion last year, and while further growth has been predicted for this year, the IEA's chief executive, John Whelan, said this is now under threat...

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