Portugal Trade Deficit Widens in August, Adding to Pressure on Euro Outlook - VT Markets

The content here might not be relevant fo you. Would you like to visit the North America website? Portugal’s global trade balance moved further into deficit in August, coming in at €-9.619bn compared with €-9.51bn in the previous period. The latest figure points to a modest widening in the gap between the value of goods and services sold abroad and those purchased from overseas. The deterioration suggests imports continued to outpace exports over the month, keeping external trade a drag on the overall balance. The figures provide a snapshot of Portugal’s trading position at a time when shifts in demand and pricing can quickly alter monthly outcomes. Portugal’s widening trade deficit, which hit negative 9.