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Portugal’s Trade Gap Narrows as Exports Increase, Imports Drop

Dec. 7 (Bloomberg) -- Portugal’s trade deficit narrowed in the three months through October as exports rose and imports fell, the country’s statistics institute said.

The trade deficit narrowed to 3.29 billion euros ($4.25 billion) from 3.73 billion euros in the same period a year earlier, the Lisbon-based institute said today in an e-mailed report. Exports rose 3.4 percent and imports fell 0.6 percent.

To contact the reporter on this story: Joao Lima in Lisbon at jlima1@bloomberg.net

To contact the editor responsible for this story: Stephen Foxwell at sfoxwell@bloomberg.net

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