Spain | Trade balance in August 2014
Published on Wednesday, October 15, 2014 | Updated on Friday, October 17, 2014
Spain | Trade balance in August 2014
Summary
The 12-month accumulated trade deficit increased in August to reach a figure of -2.3% of GDP. A further reduction of the non-energy trade surplus underpins the deterioration of the overall trade deficit. The slight fall of export volumes in August does not jeopardize the prospect of closing the quarter in positive territory.
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- Spain
Topics
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- Macroeconomic Analysis
Tags
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- Trade balance
- Exports
Authors
BBVA Research
BBVA Research
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