Avoiding the export apocalypse
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The customs bureau dropped the latest trade data for July on Friday.
The headline: The export numbers were solid. Imports, not so much.
The details:
Exports increased by 7.2% y/y– up from 0.5% growth in June, and the best print since March 2019.Imports fellby 1.4% y/y– downfrom 2.7% g...