European Economic News

Eurozone Trade Surplus Improves In February

Eurozone merchandise trade surplus for February increased from last year, although it was weaker than expected, data from the Eurostat showed Wednesday.

The euro area recorded an unadjusted trade surplus of EUR 20.3 billion in February, up from EUR 14.4 billion in the same month last year. Economists were looking for a surplus of EUR 21.0 billion.

Exports increased 4 percent for the month, while imports were almost stable.

During the January - February period, trade surplus improved to EUR 27.9 billion compared to EUR 14.5 billion in the previous year. Imports decreased 3 percent, while exports rose 2 percent for the period.

by RTTNews Staff Writer

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