Latvia's foreign trade deficit increased in July from a year ago, as imports grew faster than exports, preliminary data from the statistical office showed on Tuesday.
The trade deficit rose to EUR 514.2 million in July from EUR 406.2 million in the corresponding month last year. In June, the shortfall was EUR 464.4 million.
As compared to last year, exports rose only 0.1 percent, while imports climbed much faster, by 5.7 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.