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August 31, 2014
Friday, February 21, 2014

Balance of trade surplus shrinks 88% to 35m

According to the Federal statistics bureau Indec, exports reached 5,3 billion dollars; a retraction of 8 percent, compared to the same month last year.

Argentina’s balance of trade in January unveiled a small surplus of 35 million dollars, which represents a decrease of 88 percent comparing the same period in 2013.

According to the Federal statistics bureau Indec, exports reached 5,3 billion dollars; a retraction of 8 percent, compared to the same month last year, while imports hit 5.1 billion, a downfall equal 4 percent, compared to January 2013.

The federal agency also informed that the economy grew at a 4,9 percent rate last year, while it fell 3% in January compared to January 2013.

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Tags:  Argentina  Economy  Balance of trade  Surplus  





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