Cyprus Mail
News in Brief

Trade deficit shrinks

Cyprus’ trade deficit shrank by €917 million during the period January to September 2013, according to the island’s statistical service.

In a publication of summarised data released on Monday, the Service said total imports during this period amounted to €3.6 billion, from €4.3 billion between January and September 2012.

Total exports during in the first nine months of 2013 were €1.2 billion, up from around €1.1 billion in the corresponding period last year.

As a result, the country’s trade deficit shrank to €2.4 billion in January-September 2013, marking a €917 million reduction compared to last year’s €3.2 billion.

According to the report, total imports for September 2013 amounted to €426.9 million, down from €462.6 million in September 2012.

Total exports in September 2013 were €145.6 million, from €120.3 million in September 2012.

The resulting trade deficit for September 2013 was €281.3 million, lower than September 2012 – €342.3 million.

 

Related posts

Police crack down on child pornography

Elias Hazou

Reported missing since Wednesday

Evie Andreou

Worker in serious condition after fall from roof

Evie Andreou

Pair arrested for harassing ‘foster mum’ of stray dogs

Staff Reporter

Arrest over phone theft

Andria Kades

Arrest for steroid possession

Evie Andreou

1 comment

Comments are closed.