The first estimate for euro area (EA19) exports of goods to the rest of the world in September 2016 was €176.7 billion, an increase of 2% compared with September 2015 (€173.2 bn). Imports from the rest of the world stood at €150.2 bn, a fall of 2% compared with September 2015 (€154.0 bn). As a result, the euro area recorded a €26.5 bn surplus in trade in goods with the rest of the world in September 2016, compared with +€19.2 bn in September 2015. Intra-euro area trade remained nearly stable at €148.3 bn in September 2016, compared with September 2015. These data are released by Eurostat, the statistical office of the European Union.
The post Euro Zone trade balance surplus continue to rise appeared first on forex-analytics.press.