Eurozone October trade balance €24.5 billion vs €20.0 billion expected

Author: Justin Low | Category: News

Latest data released by Eurostat - 17 December 2019


  • Prior €18.3 billion; revised to €18.7 billion
  • Non-seasonally adjusted trade balance €28.0 billion
  • Prior €18.7 billion
ForexLive
Exports climbed by 2.1% on the month - reflecting a similar boost seen in France and Germany - while imports declined by 0.9% on the month, resulting in the larger trade surplus.

The bright side is that there is some nascent signs of a recovery in euro area exports over the past three months and that will provide some encouragement as we look towards the economic outlook for next year.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose