Sweden Trade Balance Swings To Surplus In September
(RTTNews) - Sweden's trade balance logged a surplus in September, Statistics Sweden reported Friday.
The trade surplus totaled SEK 1.4 billion compared to a shortfall of SEK 7.7 billion in August. In the same period last year, the surplus was SEK 2.4 billion.
On a yearly basis, exports advanced 9 percent and imports in creased 10 percent in September.
Trade in goods with countries outside the EU resulted in a surplus of SEK 12.2 billion, while EU trade resulted in a deficit of SEK 10.8 billion.
Seasonally adjusted, trade balance showed a shortfall of SEK 0.9 billion in September, compared with a deficit of SEK 1.3 billion in August.SEE ALSO: The loonie is climbing after the Bank of Canada raised its benchmark rate to 1.5% ÃÂ» READ NOW: How a master networker convinced execs, Olympians, and Nobel laureates to come to his house, cook him dinner, wash the dishes Ã¢ÂÂ" and like it ÃÂ» SUBSCRIBE NOW:
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