Romania's foreign trade deficit decreased in July from a year ago as exports grew faster than imports, figures from the National Institute of Statistics showed on Tuesday.
The trade gap narrowed to EUR 2.64 billion in July from EUR 2.94 billion in the corresponding month last year. In June, there was a shortfall of EUR 2.36 billion.
Exports climbed 7.0 percent annually in July, and imports rose by 2.4 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.