Latest data released by Eurostat - 18 March 2019
- Prior €15.6 billion; revised to €16.0 billion
- Non-seasonally adjusted trade balance €1.5 billion
- Prior €17.0 billion
Exports rose by 0.8% m/m while imports were also up by 0.3% m/m, so that will offer some good news for the overall Eurozone trade outlook; though this is January data only. Trade to the US is seen at a surplus of €11.5 billion and that is higher than the €10.1 billion recorded in January 2018. Can you say tariffs?
