The euro area trade surplus decreased in August from a year ago as exports fell faster than imports, official data revealed on Thursday.
The trade surplus dropped to EUR 1.0 billion in August from EUR 3.0 billion last year, Eurostat reported. In July, the trade surplus was EUR 12.7 billion.
This downturn was mainly due to a sharp reduction in the surplus of machinery and vehicles, which fell from EUR 18.0 billion to EUR 7.8 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.