Argentine trade surplus narrows in Oct albeit beating forecasts

martes 24 de noviembre de 2015 15:15 GYT
 

BUENOS AIRES Nov 24 (Reuters) - Argentina's trade surplus narrowed 42.7 percent in October from the same month a year earlier to $254 million, government data showed on Tuesday, but still beat even the highest estimate in a Reuters poll of economists.

The median forecast in the poll was for a surplus of $45.5 million, with estimates ranging from a deficit of $100 million to a surplus of $128 million.

Argentina's outgoing government has relied on the surplus to boost dollar supplies in the tightly controlled currency market. (Reporting by Buenos Aires bureau; Editing by Jeffrey Benkoe)