The us international trade deficit widened to 54.6 billion in may

02.07.2020 16:50
The us international trade deficit widened to $ 54.6 billion in may from $ 49.8 billion in April, data released jointly by the us census Bureau and the us Bureau of economic analysis showed on Thursday. This reading was slightly worse than the market expected for a deficit of $ 53 billion.
"The volume of exports in may was 144.5 billion dollars, which is 6.6 billion dollars less than in April," the press release said. - Imports in may amounted to 199.1 billion dollars, which is 1.8 billion dollars less than in April."
Nevertheless, the market mood remains optimistic. At the time of writing, the US dollar index was down 0.22% for the day to 96.95.

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