Published on Wednesday, September 17, 2014

Spain: Trade balance of July 2014

Summary

The 12-month accumulated trade deficit increased 0.1pp in July to reach -2.2% of GDP. The reason behind this new deterioration in the overall balance was the reduction in the non-energy goods trade surplus. July´s data confirms the recovery of goods exports.

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BBVA Research BBVA Research

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BC_julio_2014_e

Spanish - September 17, 2014

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