Portugal’s Trade Gap Narrows as Exports Increase, Imports Drop
By Joao Lima -
2012-06-11T10:39:22Z
Portugal’s trade deficit narrowed in the three months through April as exports rose and imports decreased, the country’s statistics institute said.
The trade deficit narrowed to 2.54 billion euros ($3.2 billion) from 4.59 billion euros in the same period a year earlier, the Lisbon-based institute said today in an e-mailed report. Exports rose 8.4 percent and imports fell 7.7 percent.
To contact the reporter on this story: Joao Lima in Lisbon at jlima1@bloomberg.net
To contact the editor responsible for this story: Tim Quinson at tquinson@bloomberg.net
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