• Wednesday, 25 December 2024

Romania trade deficit widens in February

Romania trade deficit widens in February
Romania's trade deficit widened in February, as imports increased more than exports, figures from the National Institute of Statistics showed on Monday. The trade deficit increased to €2.459 billion ($2.68 billion) in February from €1.896 billion in the same month last year, the agency said. In January, the trade deficit was €2.122 billion. Exports rose 21.9% annually in February, after a 25.0% growth in January. Imports gained 23.8% yearly in February, after a 34.8% rise in the previous month.