• CS says Dec trade deficit printed slightly wider than expectations

Market news

10 February 2012

CS says Dec trade deficit printed slightly wider than expectations

"Imports posted the biggest gain in seven months. On a qtrly basis Q4 exports were -0.5% in their first drop since recession. Also, import gains the last two months fit with the inventory build in Q4 possibly adding more to top-line GDP growth than first reported."

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