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    Spain | July trade balance beats expectations at the start of 3Q15

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    Published on Monday, September 21, 2015 | Updated on Monday, September 21, 2015

    Spain | July trade balance beats expectations at the start of 3Q15

    Summary

    Both real exports and imports of goods surprised positively in July. Trade balance deficit decreased mainly as a consequence of reducing energy bill.

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    Camilo Ulloa BBVA Research - Principal Economist

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    BC_julio15

    Spanish - September 21, 2015

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