European Economic News

Eurozone Trade Surplus Falls In April

The euro area trade surplus fell to EUR 5.2 billion in April from EUR 7.5 billion in March, Eurostat said Friday. In April 2011, the trade balance showed a deficit of EUR 4.5 billion.

Meanwhile, seasonally adjusted trade surplus increased to EUR 6.2 billion in April from EUR 3.7 billion in the previous month.

On a monthly basis, seasonally adjusted exports were down 1.3 percent and imports declined 3 percent.

The extra-EU27 trade in goods deficit totaled EUR 12 billion, compared with a shortfall of EUR 7.3 billion in March.

by RTTNews Staff Writer

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