Mexico’s trade deficit widened more than expected last month as the cost of imported fuel soared while consumer goods imports also jumped.
The deficit reached $5.96 billion last month, more than the $5.0 billion median estimate of economists surveyed by Bloomberg. Imports increased 17% from a year earlier, the national statistics agency said Friday, driven up by a 64% increase in petroleum products. Exports rose 14% over the same period.
CMAA enhances trade and security cooperation
View ArticleThe report highlights Africa’s continued growth resilience despite significant headwinds occasioned by escalating geopolitical tensions and ensuing economic shifts
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As the UK marks ten years since the Brexit referendum, the British International Freight Association (BIFA) is highlighting the vital role played by its members in helping businesses adapt to…
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