Spain: Merchandise trade deficit increases in July
Latest reading: In July, the trade balance was USD -4.0 billion, following a USD -3.6 billion figure in the previous month. Over the last 12 months, the trade balance summed to USD -50.4 billion.
Exports rose 0.3% in seasonally adjusted month-on-month terms in July, coming on the back of a 1.4% drop in the prior month. Imports were up 1.2% in seasonally adjusted month-on-month terms in July, coming on the back of a 2.2% drop in the previous month.