[ad_1]
Sweden’s foreign trade deficit increased in August from a year ago, as exports fell faster than imports, figures from Statistics Sweden showed on Friday.
The trade gap was SEK 8.9 billion in August, up from SEK 6.3 billion in the corresponding month last year. In July, the trade balance showed a surplus of SEK 3.6 billion.
On an annual basis, exports fell 5.0 percent over the year, and imports declined by 3.0 percent.
The non-EU trade balance showed a surplus of SEK 11.3 billion in August, while the trade balance with the EU revealed a deficit of SEK 20.2 billion.
On a seasonally adjusted basis, the trade surplus was SEK 4.6 billion in August, compared to SEK 5.6 billion in the previous month.
For comments and feedback contact: editorial@rttnews.com
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
[ad_2]
Source link