Argentina trade surplus shrinks 72.4 pct in May

martes 23 de junio de 2015 15:25 GYT

BUENOS AIRES, June 23 (Reuters) - Argentina's trade surplus contracted in May to $355 million, or 72.4 percent narrower from the same month a year earlier, the government said on Tuesday, far undershooting market expectations.

The median forecast in a Reuters poll of analysts was for a surplus of $600 million.

President Cristina Fernandez's government relies on the surplus to boost dollar supplies on the tightly controlled currency market. (Reporting by Buenos Aires newsroom)