14 Jul 2020

Data dump – trade

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The customs bureau dropped the latest monthly trade data on Tuesday.

The deets:

Exports grew by 0.5% y/y – up from a 3.3% decline in May.Imports grew by 2.7% y/y – up significantly from a 16.7% decline in May.

Quick take 1: That’s the first time imports have expanded y/ysince Dec...