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USA: increased trade deficit in May

(CercleFinance.com) – The trade deficit of the United States widened in May, the rise in imports of petroleum products – whose prices are rising – having increased the country’s energy bill.

According to figures released by the Commerce Department on Friday, the trade deficit increased by $ 2.2 billion to $ 71.2 billion in May, from $ 69.1 billion in April.

Economists had forecast an amount of $ 71.3 billion.

The deficit for May has been revised upwards from $ 68.9 billion in first estimate to $ 69.1 billion.

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