Greek trade deficit shrinks by 4.4 pct in October on back of strong exports

EconomyMacroeconomy Tags: ELSTAT, Trade

After a sharp rise by 34.2 percent in September, Greece’s trade deficit narrowed by 4.4 percent in October, according to the Hellenic Statistical Authority (ELSTAT).

The absolute figures show that the October trade deficit stood at 1.77 billion after reaching a year-high οf 2.06 billion euros in September. October’s movement stems from a rise in both exports and imports by 7.1 and 2 percent respectively.

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