Trade deficit surges 17.7 pct in Feb on double-digit growth in imports

EconomyMacroeconomy Tags: ELSTAT, Trade
Photo by Angelos Christofilopoulos/Fosphotos
Photo by Angelos Christofilopoulos/Fosphotos

Greece’s trade deficit continued heading north at a double-digit rate in February, when it increased by 17.7 percent in February after exceptionally strong growth of 91.7 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday.

The breakdown by geography revealed imports from non-EU countries surged 27 percent, while the corresponding exports also rose markedly by 23.4 percent. In contrast, imports from and exports to EU countries recorded a modest growth of 2.7 and 1.1 percen...

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