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Published on Friday, January 16, 2015 | Updated on Friday, January 16, 2015

Spain | Trade balance in November 2014

The 12-month accumulated trade deficit increased in November compared to the previous month. The improvement was modest and the trade balance remained at -2.3% over GDP. The positive evolution of the energy deficit compensates the deterioration of the non-energy surplus. The fourth quarter witnesses a softening export pace