The US trade deficit narrowed 4% to $43,11 billion in September, from $44,92 billion in August (revised downwards). A reversal of course compared to the estimates of analysts who predicted an increase in the deficit to 46 billion. The US Department of Commerce's Bureau of Economic Analysis (BEA) said today.
Imports rose 0,3% to $223,47 billion while exports grew 1,4% to $180,36 billion. The deficit with the old continent decreased by 17,3% to 6,46 billion due to the massive drop in European exports to the American market.
