FOREX TradingCharts.com

Financial News: Eurozone Trade Surplus Lowest Since 2011

Eurozone Trade Surplus Lowest Since 2011

06/15/2020 - 05:24:00 (RTTNews)

(RTTNews) - The euro area trade surplus reached its lowest since late 2011 as both exports and imports logged the biggest contraction on record in April amid coronavirus pandemic, data from Eurostat showed Monday.

The trade surplus plunged to a seasonally adjusted EUR 1.2 billion in April from EUR 25.5 billion in March. This was the lowest since October 2011.

Exports and imports decreased by a record 24.5 percent and 13 percent on month, respectively in April.

On a yearly basis, exports were down 29.3 percent and imports decreased 24.8 percent in April. The unadjusted trade surplus was EUR 2.9 billion versus EUR 15.5 billion in the same period last year.

During January to April period, exports declined 8.6 percent and imports decreased 9.3 percent annually. Consequently, the trade balance showed a surplus of EUR 57 billion compared to a EUR 57.2 billion surplus in the previous year.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


European Economics Preview: Germany Factory Orders Data Due (20 min(s), 49 sec(s) ago)
(RTTNews) - Factory orders from Germany and retail sales from euro area are due on Monday, headlin ...Full Story»

Hong Kong Private Sector PMI Improves To 49.6 In June - IHS Markit (35 min(s), 49 sec(s) ago)
(RTTNews) - The private sector in Hong Kong continued to contract in June, albeit at a much slower ...Full Story»

Australia Inflation Forecast On Tap For Monday (50 min(s), 49 sec(s) ago)
(RTTNews) - Australia will on Monday see June data for job ads from ANZ and for the inflation fore ...Full Story»

Spain's Service Sector Returns To Growth (34 min(s), 49 sec(s) ago)
(RTTNews) - Spain's service sector returned to growth in June following the unprecedented decl ...Full Story»

South Africa Private Sector Downturn Slows In June (12 min(s), 49 sec(s) ago)
(RTTNews) - South Africa's private sector contracted at a softer pace in June as the governmen ...Full Story»

Turkey Consumer Price, Producer Price Inflation Rises In June (06 min(s), 49 sec(s) ago)
(RTTNews) - Turkey's consumer prices and producer price inflation increased in June, figures f ...Full Story»

Italy's Service Sector Downturn Eases In June (54 min(s), 49 sec(s) ago)
(RTTNews) - Italy's service sector continued to shrink in June but the pace of downturn eased ...Full Story»

Sweden Service Sector Rises In June (53 min(s), 49 sec(s) ago)
(RTTNews) - Sweden's services sector improved in June, survey data from Swedbank and the logis ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

European Economics Preview: Germany Factory Orders Data Due

07/05/2020 - 23:30 PM (RTTNews)
(RTTNews) - Factory orders from Germany and retail sales from euro area are due on Monday, headlin ...Full Story>>

Hong Kong Private Sector PMI Improves To 49.6 In June - IHS Markit

07/05/2020 - 20:45 PM (RTTNews)
(RTTNews) - The private sector in Hong Kong continued to contract in June, albeit at a much slower ...Full Story>>

Australia Inflation Forecast On Tap For Monday

07/05/2020 - 18:00 PM (RTTNews)
(RTTNews) - Australia will on Monday see June data for job ads from ANZ and for the inflation fore ...Full Story>>

Spain's Service Sector Returns To Growth

07/03/2020 - 08:44 AM (RTTNews)
(RTTNews) - Spain's service sector returned to growth in June following the unprecedented decl ...Full Story>>

South Africa Private Sector Downturn Slows In June

07/03/2020 - 08:22 AM (RTTNews)
(RTTNews) - South Africa's private sector contracted at a softer pace in June as the governmen ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.