Eurozone January trade balance €11.4 billion vs €16.8 billion prior
The euro area trade surplus narrowed in January on a non-seasonally adjusted basis. But after accounting for seasonal adjustments, the total trade surplus grew from €14.3 billion in December to €28.1 billion in January. This comes as exports grew by 2.1% on the month while imports fell by 4.0% on the month. This article was written by Justin Low at www.forexlive.com.
The euro area trade surplus narrowed in January on a non-seasonally adjusted basis. But after accounting for seasonal adjustments, the total trade surplus grew from €14.3 billion in December to €28.1 billion in January. This comes as exports grew by 2.1% on the month while imports fell by 4.0% on the month.
