Johannesburg - South Africa’s trade deficit widened to
R6.7bn in July from a R5.7bn shortfall
in June, the South African Revenue Service said on Friday.
Exports increased by 2.9% month-on-month to R63.5bn in July
while imports rose by 4.1% to R70.2bn, Sars data showed.
Economists surveyed by Reuters expected a shortfall of
R5.6bn for July.
The cumulative deficit for the year to date amounted to
R57.3bn compared to R6.9bn during the same period in 2011, Sars said.
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