ISTANBUL: The US trade deficit decreased 2.5% to $73.1 billion in June, falling from its highest level since October 2022, according to the Commerce Department's Census Bureau on Tuesday. The expectation for the figure was to show a deficit of $72.5 billion. The figure for May was slightly revised to $75 billion from $75.1 billion. Exports in June were $265.9 billion, $3.9 billion more than in May, while imports were $339 billion -- $2 billion more than the previous month. "The June decrease in the goods and services deficit reflected a decrease in the goods deficit of $2.5 billion to $97.4 billion and a decrease in the services surplus of $0.6 billion to $24.2 billion," the Census Bureau said in a statement. "Year-to-date, the goods and services deficit increased $22.7 billion, or 5.6 percent, from the same period in 2023. Exports increased $58.0 billion or 3.8 percent. Imports increased $80.7 billion or 4.2 percent," it added. Source: Anadolu Agency
US trade deficit falls 2.5% in June from 19-month high
News For
RECENT POSTS
Tourism Decline Over First 7 Months of 2026 Limited to 8%, Says Koumis
September 20, 2026
Cyprus Sea Weather Forecast Highlights Weak Low Pressure
September 19, 2026
S&P Elevates Cyprus Credit Rating to A/A-1 with Positive Outlook
September 19, 2026
S&P Upgrades Cyprus’s Credit Rating Amidst Global Geopolitical Instability
September 19, 2026
S&P Upgrade Signals Renewed Confidence in Cypriot Economy, President Affirms
September 19, 2026
UN Mission in Cyprus Cautions Against Hunting in Buffer Zone
September 19, 2026