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Sweden Trade Gap Widens In August

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Sweden's foreign trade deficit increased in August from a year ago, as exports fell faster than imports, figures from Statistics Sweden showed on Friday.

The trade gap was SEK 8.9 billion in August, up from SEK 6.3 billion in the corresponding month last year. In July, the trade balance showed a surplus of SEK 3.6 billion.

On an annual basis, exports fell 5.0 percent over the year, and imports declined by 3.0 percent.

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