Bloomberg News

Portugal’s Trade Deficit Narrowed in Three Months Through August

October 10, 2011

Oct. 10 (Bloomberg) -- Portugal’s trade deficit narrowed in the three months through August as exports rose and imports decreased, the country’s statistics institute said.

The trade deficit narrowed to 3.31 billion euros ($4.5 billion) from 5.31 billion euros in the same period of 2010, the Lisbon-based institute said today in an e-mailed report. Exports rose 13.9 percent and imports fell 5.2 percent.

--Editor: Anabela Reis

To contact the reporter on this story: Joao Lima in Lisbon at jlima1@bloomberg.net

To contact the editor responsible for this story: Tim Quinson at tquinson@bloomberg.net


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