August trade deficit shrinks by 29.5 pct as imports fall faster than exports

EconomyMacroeconomy Tags: ELSTAT, Trade

Greece’s trade deficit narrowed by 29.5 percent in August, after soaring by a similar rate in July, according to the Hellenic Statistical Authority (ELSTAT).

The absolute figure showed the trade deficit in August fell to 1.23 billion euros, which is the lowest monthly reading since 2005, from when the first data is avalable.

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