Eurozone trade surplus rose in September after easing in the previous month and exceeded economists’ expectations, figures from Eurostat showed Friday.
The seasonally adjusted trade surplus increased to EUR 20.1 billion from EUR 19 billion in August. Economists had expected a EUR 19.3 billion surplus figure.
Exports increased 1.1 percent month-on-month and imports rose 0.5 percent.
On an unadjusted basis, the trade surplus was EUR 20.5 billion versus EUR 17.4 billion a year ago. Exports rose 1 percent annually, while imports declined 1 percent.
The material has been provided by InstaForex Company – www.instaforex.com