Trade deficit widens by 43.9 pct in May as imports soar

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

Greece’s trade deficit rose by 43.9 percent year-on-year (YoY) in May, following a rise of 70.7 percent in April compared to an increase, according to data from the Hellenic Statistical Authority (ELSTAT) released on Thursday.

The deficit came to 2.23 billion euros for the month. Imports totalled 5.3 billion euros, showing an increase of 48.5 percent YoY. 

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