Eurozone
surplus rose in September more strongly than expected, according figures from Eurostat
published on Friday.
The seasonally adjusted trade surplus in September rose to 20.1 billion euros from 19.0 billion euros in August compared with a forecast for surplus of 19.1 billion euros.
The main reason for the improvement of the trade surplus is the increase of exports by 1.1% on monthly basis, while imports grew by only 0.5%.
The surplus in international trade of goods and services in the euro area on unadjusted base increased in September to 20.5 billion euros compared with a surplus of 17.4 billion euros a year earlier and a positive trade balance of only 11.2 billion euro in the previous month.
On an annual basis, exports from the euro area increased in September by only 1.0 % after jumping 6% in August, while imports declined by 1.0% after rising by 3% in the previous month.
The seasonally adjusted trade surplus in September rose to 20.1 billion euros from 19.0 billion euros in August compared with a forecast for surplus of 19.1 billion euros.
The main reason for the improvement of the trade surplus is the increase of exports by 1.1% on monthly basis, while imports grew by only 0.5%.
The surplus in international trade of goods and services in the euro area on unadjusted base increased in September to 20.5 billion euros compared with a surplus of 17.4 billion euros a year earlier and a positive trade balance of only 11.2 billion euro in the previous month.
On an annual basis, exports from the euro area increased in September by only 1.0 % after jumping 6% in August, while imports declined by 1.0% after rising by 3% in the previous month.
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