Trade deficit soars 36.2 pct in March, largely due to oil products

EconomyMacroeconomy Tags: ELSTAT, Trade
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Greece’s trade deficit continued increased by 36.2 percent in March, more than double the growth rate of 17.7 percent recorded in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday.

The marked rise in imports and exports also reflects a low base effect as both items had dropped by 17 and 11.4 percent in March 2016.

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