Trade deficit shrinks by sizable 23.7 pct in March

EconomyMacroeconomy Tags: ELSTAT, Trade
Photo by Håkan Dahlström via Flickr
Photo by Håkan Dahlström via Flickr

Greece’s trade deficit fell sharply by 23.7 percent in March after a 14.3 percent rise in February, the Hellenic Statistical Authority (ELSTAT) said on Tuesday.

The drop is the biggest since September 2015 and is attributed to imports plummeting by 17 percent, while exports fell by 11.4 percent. The decline in imports is the highest since last September and follows a short-live rebound of 1.9 percent recorded i...

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