Eurozone's trade surplus increased unexpectedly in June, data showed Monday.
The trade surplus rose to EUR 16.8 billion in June from EUR 15.4 billion in May, Eurostat reported. Economists had expected the trade surplus to decrease to EUR 15.1 billion.
Exports increased 3 percent year-over-year and imports grew 2 percent in June.
On a seasonally adjusted basis, the trade surplus fell to EUR 13.8 billion in June from EUR 15.2 billion in May.
Exports fell 0.5 percent month-over-month, after rising 0.7 percent in the previous month. Meanwhile, imports grew at a stable rate of 0.5 percent in June.
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