The Eurozone trade surplus rose to a 6-month high in June as the increase in exports exceeded imports growth, Eurostat showed Monday.
The trade surplus rose to a seasonally adjusted EUR 21.9 billion in June from EUR 21.3 billion in May. It was the highest level since December 2014, when surplus totaled EUR 22.5 billion.
Nonetheless, it was below the expected surplus of EUR 23.1 billion. Exports increased 1.4 percent in June from May, while imports advanced 1.2 percent.
On an unadjusted basis, the trade surplus came in at EUR 26.4 billion compared to EUR 16 billion in June 2014.
Year-on-year, exports and imports climbed 12 percent and 7 percent, respectively.
For comments and feedback: editorial@rttnews.com