Friday, February 16, 2007

Forex News: 16.02.2007 Trade balance surplus in the euro area was up to expectations

The surplus of trade balance in the euro area was EUR2.5bln in December, compared with 5.1bln in November, Eurostat reported today. November reading was revised from EUR3.1bln. The published data was up to analysts’ expectations.

Seasonally adjusted exports rose in the euro area by 3.3% in December, imports by 6.7%.

Over the year 2006, the deficit of trade balance was EUR8.2bln, compared with the surplus of 16.2bln in 2005.

posted by Kalin Tasev @ 5:53 AM

2 Comments:

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