Macedonia (the former Yugoslav Republic of) Balance of Trade (Nov) -295M vs. Exp. -370.0M (Prev. -394M )
Newsquawk Staff ·
Macedonia (the former Yugoslav Republic of) Balance of Trade (Nov) -295M vs. Exp. -370.0M (Prev. -394M )
What it means
Macedonia's trade balance for November posted a deficit of -295 million, which is better than the expected -370 million and an improvement from the previous -394 million. This suggests a modest upturn in trade conditions, potentially stabilizing the economy's external position and impacting currency dynamics, particularly for the EUR and local markets.
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