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Trade Deficit Soars In October

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Malta had an international trade deficit of €303.2 million in October 2018, compared to €175.5 million in the corresponding month of 2017, the NSO said on Monday. Imports increased by €7.3 million, while exports decreased by €120.5 million. The increase in imports was primarily due to mineral fuels, lubricants and related materials (€105.3 million), partly outweighed by a decrease of €109.6 million in machinery and transport equipment.

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