Portuguese exports increased at a steady pace compared to a year earlier in February, data from Statistics Portugal showed Monday.
Exports of goods rose 13.2 percent annually in February, nearly at the same pace as in the previous month. On a monthly basis, exports grew 6.1 percent.
Imports, on the other hand, fell 3.5 percent, erasing previous month's gain of 3.1 percent. Month-on-month, imports dropped 2.6 percent.
Shipments increased 10.2 percent in the quarter ended in February compared to the same period last year. Imports, however, decreased 6 percent. This led to a EUR 1.83 billion decrease in the trade deficit during the period.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.