Zambia records an increase in trade deficit

Zambia records an increase in trade deficit »

31 Jul, 2015
Business

ZAMBIA has in the Month of June recorded a trade deficit of over one million kwacha, the highest for the year 2015; Zambia Central Statistics Office (CSO) says. CSO director of census and statistics, John Kalumbi revealed that the country recorded a trade deficit valued at K 1,293.2 million in June 2015 from a trade deficit of K 1, 210.0 million recorded in May 2015. He said this means the country imported more in June 2015 than it exported in nominal terms.