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MSN: Eurozone trade surplus doubles in October
 
The eurozone doubled its monthly trade surplus with the rest of the world in October, reaching 5.2 billion euros ($A6.99 billion) compared with 2.6 billion euros in September, official data showed on Friday.

The increase came even though exports from the 16-nation single currency area fell by 0.1 per cent in October after rising by 0.5 per cent in September, according to seasonally adjusted figures from the Eurostat data agency.

Imports fell by 1.3 per cent after falling by 2.4 per cent in September.

On a 12-month comparison, the eurozone recorded a surplus of 4.8 billion euros in October.

The wider 27-nation European Union, which includes non-euro Britain and Poland, had a global trade deficit of 7.4 billion euros in October compared with 11.8 billion euros the previous month.

Exports from the EU rose by 0.1 per cent while imports fell by 3.0 per cent.

The eurozone doubled its monthly trade surplus with the rest of the world in October, reaching 5.2 billion euros ($A6.99 billion) compared with 2.6 billion euros in September, official data showed on Friday.

The increase came even though exports from the 16-nation single currency area fell by 0.1 per cent in October after rising by 0.5 per cent in September, according to seasonally adjusted figures from the Eurostat data agency.

Imports fell by 1.3 per cent after falling by 2.4 per cent in September.

On a 12-month comparison, the eurozone recorded a surplus of 4.8 billion euros in October.

The wider 27-nation European Union, which includes non-euro Britain and Poland, had a global trade deficit of 7.4 billion euros in October compared with 11.8 billion euros the previous month.

Exports from the EU rose by 0.1 per cent while imports fell by 3.0 per cent.
Source