Details from the June 2016 Eurozone trade balance report 16 August 2016
Prior 24.5bn . Revised to 24.6bn
- NSA 29.2bn vs 26.0bn exp. Prior 24.6bn
- Exports 0.5% vs -1.9% prior m/m
- -2.0% vs 2.0% prior y/y
- Imports 1.5% vs -1.5% prior m/m
- -5.0% vs -2.0% prior y/y
While the surplus rose, the negative part is that both imports and exports fell and that points to lower overall activity.
Eurozone trade balance SA
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
