24 de noviembre de 2015 / 19:19 / en 2 años

Argentine trade surplus narrows in Oct albeit beating forecasts

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)

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