CYPRUS: Trade deficit or first half of 2014 at 1.6 bln

by fm

15th September 2014

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Cyprus trade deficit for the first six months of the year stood at €1.6 billion, recording an annual increase of €100 million, Eurostat data released on Monday show.

According to the data, in the first six months of 2014 Cyprus` exports came to €700 million, down by 6% while imports reached €2.4 billion, up by 4% compared to the same period of 2013.

Seasonably adjusted data for June show a monthly drop in the trade surplus of 0.1 billion in June and a first estimate for July shows the same monthly drop.