U.S. goods trade deficit widened to its largest in over a year in May as exports
fell and imports rose, the U.S. Commerce Department said on Friday. The goods
deficit widened 27.4% MoM to $105.8bn, versus a median market estimate of a
$85.0bn deficit. The data are not adjusted for inflation. Goods exports fell
5.4% in May, dragged by industrial supplies including crude oil and petroleum
products, while imports rose 3.6%.