January trade deficit narrows to €404m

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January trade deficit narrows to €404m
 © BusinessMail 2018
By Stelios Orphanides

The trade deficit narrowed in January by €44.5m to €403.7m or 11 per cent compared to the respective month of 2017, the statistical service said on Monday.

The narrower trade deficit in January was on an annual 3.7 per cent drop in imports to €606.1m or by €22.7m and a 11 per cent increase in exports to €202.4m or by €21.8m, Cystat said in a statement on its website.

January’s reduction in imports was on a €76.1m drop to €23.9m in the value of goods imported from third countries compared to January 2017, which more than offset a €53.4m...


This article was automatically added to our system 12-3-2018

January trade deficit narrows to €404m


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