• U.S. trade deficit widens more than expected in August

Notícias do Mercado

4 outubro 2019

U.S. trade deficit widens more than expected in August

The U.S. Commerce Department reported on Wednesday U.S. the goods and services trade deficit widened to $54.9 billion in August from an unrevised $54.0 billion in the previous month.

Economists had expected a deficit of $54.5 billion.

According to the report, the August increase in the goods and services deficit reflected a gain in the goods deficit of $0.8 billion to $74.4 billion and a decline in the services surplus of less than $0.1 billion to $19.5 billion.

Exports of goods and services from the U.S. rose 0.2 percent m-o-m to $ 207.9 billion in August, while imports increased 0.5 percent m-o-m to $262.8 billion.

Year-to-date, the goods and services deficit surged 7.1 percent from the same period in 2018. Exports fell 0.2 percent, while imports rose 1.2 percent.

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