Trade deficit soars in Jan on ship imports from non-EU countries

EconomyMacroeconomy Tags: ELSTAT, Trade
By Panayotis Tzamaros/Fosphotos
By Panayotis Tzamaros/Fosphotos

Greece’s trade deficit surged by 91.7 percent in January, following a rise of 4.8 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.

This clearly depicts the impact of oil products on both imports and exports as well as the impact of the value of ships on imports in January, which explain the high growth rates indicated in the reported total figures.

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