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Large jump in Spanish balance of trade defecit
By h.b. - Jun 26, 2008 - 7:11 AM
ALSO SEE : • Spain Business Brief - Friday October 10 2008 - Oct 10, 2008 - 1:36 PM
• IBEX 35 falls below the 10,000 level - Oct 10, 2008 - 6:30 AM


The difference between imports and exports rose by 16 percent over the first four months of the year.
The Commercial Deficit in Spain, the difference between imports and exports, jumped to 34.9 billion € over the first four months of the year, up 16.3%, according to data from the Ministry for Industry, Tourism and Trade.

The increase is due in large part to the increased cost of petrol and energy products as exports reached 65.4 billion € and imports reached 100.3 billion €.

The data comes following the news that the current account surplus has fallen by 80% between January and May.


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ALSO SEE :
• Spain Business Brief - Friday October 10 2008 - Oct 10, 2008 - 1:36 PM
• IBEX 35 falls below the 10,000 level - Oct 10, 2008 - 6:30 AM
• Spain Business Brief - Thursday October 9 2008 - Oct 9, 2008 - 12:59 PM
• Pedro Solbes says that emergency bank fund will not cost the taxpayer in Spain - Oct 9, 2008 - 8:40 AM
• Spain Business Brief - Wednesday October 8 2008 - Oct 8, 2008 - 1:02 PM
• Barcelona and Madrid in the top ten cities for business - Oct 8, 2008 - 7:50 AM
• Zapatero announces savings bank guarantee of 100,000 Euros - Oct 8, 2008 - 6:17 AM
• Spain Business Brief - Tuesday October 7 2008 - Oct 7, 2008 - 1:19 PM
• Spanish Prime Minister meets with the country's bankers - Oct 7, 2008 - 6:39 AM
• Spain Business Brief - Monday October 6 2008 - Oct 6, 2008 - 1:12 PM
• Spain considers how to bring the 500 Euro notes into the banks - Oct 6, 2008 - 6:45 AM

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