As imports soar, Jan trade deficit jumps by 98.7 pct; worst since Mar 2010

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

Greece’s trade deficit continued its upward trajectory in January, nearly doubling year-on-year by 98.7 percent, from a jump of 79 percent in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.

The deficit came to 2.94 billion euros for the month. Imports totalled 6.32 billion euros, rising by 57.9 percent YoY.

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