In October, exports expanded 5.6% over the same month last year and reached USD 7.3 billion. The reading contrasted the 8.3% drop recorded in the same month last year. A month-on-month comparison corroborates the positive picture reported by the annual figures. Exports rose 3.4% on a seasonally-adjusted basis in October, which contrasted September’s 1.8% drop and marked the first increase after two consecutive periods of contraction.
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