Logo 07 Aug 2020

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...