I’m confused... How can it be the largest in the past 11 years, when it’s the smallest in the past two years?
Are they mixing figures and units like they do for budget ‘cuts’?
The MONTHLY deficit is the lowest in over two years, but it’s still highest for the year as a whole since 11 years ago. The only way both of those can be true is if the drop in the trade deficit has been quite sharp in the last month.