Trade deficit soars 21 pct in April for highest rise since Dec 2014

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

Greece’s trade deficit sharply rose by 21 percent in April after a 23.7 percent drop in March, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.

The change in April is the highest increase since December 2014 and is largely attributed to a rise in imports by 7.1 percent, while exports fell 3.8 percent. The rate of increase in imports is the highest over the last 12 months and follows a decrease ...

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