Argentina trade surplus shrinks to $280 mln in January

BUENOS AIRES Thu Feb 21, 2013 2:09pm EST

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BUENOS AIRES Feb 21 (Reuters) - Argentina's January trade surplus shrank by 49 percent to $280 million compared with $550 million in the same month last year, the INDEC statistics institute said on Thursday.

The figure came in below the $350 million median estimate given by 11 analysts in a Reuters poll. Their forecasts ranged widely from $50 million to $1.23 billion.