Trade deficit drops 5.1 pct in January, exports down 8.1 pct

EconomyMacroeconomy Tags: ELSTAT, Trade

Greece’s trade deficit fell at a decelerating pace by 5.1 percent in January from 14.3 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.

The mid single-digit decline in January reflects a drop in exports and imports by 8.3 and 7 percent respectively. For exports, this indicates the ninth straight negative reading with the January rate accelerating from the 2.6 percent drop posted in Dece...

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