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Economic Buzz: Eurozone Trade Surplus Declines In November
(15-Jan-2019, 17:40 Hours IST)
Eurozone's merchandise trade surplus fell to EUR 19 billion from EUR 23.4 billion in the same month last year, as the growth in imports outpaced that of exports, figures from the euro area statistical office Eurostat showed on Tuesday. Exports increased 1.9 percent year-on-year and imports rose 4.7 percent. Trade within the euro area grew 1.5 percent year-on-year. In the January to November period, exports rose 4.2 percent from a year ago and imports climbed 6.6 percent. The trade surplus decreased to EUR 175.2 billion from EUR 210.4 billion in the same period last year. On a seasonally adjusted basis, the trade surplus rose to EUR 15.1 billion from EUR 13.5 billion in October.

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