Alan Duffy

Ireland’s exports to grow 6%, says HSBC

HSBCGlobal financial giant, HSBC has said in a report that it expects Ireland to record an increase of 6 per cent in its exports as the country's economy records strong recovery.

HSBC said that the Irish economy will benefit from improvements in price competitiveness and higher demand from Europe from Irish products. The country recorded a fall in net exports in the previous year due to pharma patent issues but the bank and financial services firm believes that the exports will rise 6 per cent this year.

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