Swedish trade balance declines in October as export drops

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Source: RTT News
The trade surplus in Sweden declined slightly in October of the current year on the annual basis, missing economists' forecasts. Over the last month the country's producers of goods and services exported 7% less goods than in October 2012, while imports fell 5%. This resulted in the trade surplus of 4.4 billion kronor. Moreover, in the first 10 months of 2013 the surplus reached 54.2 billion kronor.
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