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Published on Wednesday, May 20, 2015

España | Trade balance in March 2015

The 12-month accumulated trade deficit marginally decreased in March (-2,2% of GDP). Although the growth of exports was moderated (+0,2% QoQ), the figures for February (+1,7% MoM) and March (+3,1% MoM) confirms the sales picked up. In any case, the growth of domestic demand is resulting in increases in imports (+ 2.6% QoQ)