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June trade surplus shrinks 19% as economy expands
Buenos Aires Herald
July 27, 2010

Argentina's trade surplus narrowed by 19 percent in June from the same month a year ago, falling short of market expectations as brisk economic growth fueled demand for imports, according to official data released last week.

The government said the surplus narrowed to US$1.29 billion, down from US$1.59 billion in June 2009, when the impact of the global economic slowdown sapped demand for imported goods.

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