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Financial News: Finland Trade Deficit Narrows More Than Estimated

Finland Trade Deficit Narrows More Than Estimated

09/29/2017 - 02:20:00 (RTTNews)

(RTTNews) - Finland's foreign trade deficit decreased more than initially estimated in July, latest figures from Finland Customs Office showed Friday.

The trade deficit for July was EUR 287 million instead of EUR 300 million reported earlier. In the corresponding month last year, the shortfall was EUR 334 million.

Both the value of exports and imports surged by 20.0 percent and 17.0 percent, respectively in July from last year. That was in line with the flash data published on September 7.

During the first seven months of the year, total trade deficit of the country was EUR 1.2 billion versus EUR 1.5 billion deficit in the same period of 2016.

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