FXstreet.com (Barcelona) - US trade deficit in goods and services with the rest of the world widened in January as imports grew larger than exports, according to the latest report by the US Commerce Department.
Deficit in goods and services trade increased to $58.2 billion in January from $57.9 billion in December, revised up from $ 58.760 billion. The experts had advanced a deficit of around $ 59.5 billion. Exports increased $2.4 billion, while imports increased 2.7 billion from December.
In January, the goods deficit increased by $0.7 billion from December to $68.7 billion, while the services surplus increased $0.4 billion to $10.5 billion.
On the last twelve months, US trade deficit has widened $ 0.8 billion.