Latvia's foreign trade deficit decreased in August from a year ago, as exports grew amid a fall in imports, preliminary data from the statistical office showed on Friday.
The trade deficit dropped to EUR 230.0 million in August from EUR 296.0 million in the corresponding month last year. In July, the shortfall was EUR 514.2 million.
As compared to last year, exports rose 2.5 percent, while imports dropped by 1.6 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.