Friday, April 13, 2007

Trade gap narrows, core PPI holds steady

(Reuters) - The February trade gap fell to $58.4 billion, as crude oil imports fell sharply to the smallest in four years and average imported oil prices were the lowest since December 2005, a government report on Friday showed.

The Commerce Department also lowered its estimate of the January trade gap to $58.9 billion, from its previous estimate of $59.1 billion.


Read more at Reuters.com Business News

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