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Friday September 13, 1996

Israeli trade deficit seen to be slowing

JERUSALEM (JTA) -- Israel's trade deficit for the month of July totaled $820 million, the Central Bureau of Statistics reported.
The bureau said Monday that Israel's total trade deficit for the first seven months of the year now stands at $6.4 billion.

The bureau also said that Israeli exports are rising at a 5 percent annual rate while the level of imports has remained steady.

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