Trade deficit drops at an accelerating pace of 16.1 pct in October

EconomyMacroeconomy Tags: ELSTAT, Trade
Photo by Harry van Versendaal
Photo by Harry van Versendaal

Greece’s trade deficit fell for the second straight month by 16.1 percent in October, after a drop of 12.1 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.

The downswing reflects a rise in exports by 4.8 percent coupled with a decline in imports by 5.3 percent.

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