Trade deficit records rare drop of 10.6 pct in Dec, widens by 50.7 pct for full year

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Trade deficit records rare drop of 10.6 pct in Dec, widens by 50.7 pct for full year

EconomyMacroeconomy 07/02/2023 - 12:52 Tags: ELSTAT, Trade

Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

For the first time in months, Greece’s trade deficit recorded a drop year-on-year (YoY), falling by 10.6 percent at the close of 2022, after a rise of 27.7 percent in November, according to data released by ELSTAT on Tuesday.

The deficit came to 2.94 billion euros for December. Imports totalled 7.47 billion euros, rising by 8.4 percent YoY.

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