Au­gust ex­port de­cline eases

Kathimerini English - - Focus -

Greek ex­ports and im­ports de­clined in Au­gust al­beit not by as much as in July, Hel­lenic Sta­tis­ti­cal Au­thor­ity fig­ures showed yesterday. Both ex­ports and im­ports fell 8.9 per­cent from a year ear­lier.

The eas­ing of the cap­i­tal con­trols helped to mod­er­ate the drop in ex­ports, which in July had recorded a 32 per­cent an­nual de­cline. How­ever, the mar­ket re­mains a long way from re­turn­ing to nor­mal­ity.

Ex­ports – in­clud­ing fuel prod­ucts – to­taled 1.89 bil­lion eu­ros in Au­gust: They dropped for a third con­sec­u­tive month, point­ing to a gen­eral de­cline for this year, while im­ports fell to 3.01 bil­lion eu­ros.

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