Eurozone trade balance rose to EUR15.6 billion

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Source: Eurostat

Eurostat reported on Monday that the trade balance, which is the difference between exported and imported goods and services, for Eurozone in July 2012 was EUR15.6 billion on a seasonally adjusted basis, up from a June's figure of EUR13.6 billion. Imports in July fell by 1.2%, whereas exports decreased by 2.0% from the preceding month.

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Mon, 17 Sep 2012 12:27:01 GMT

Italian trade balance added more than expected

Istat, reported on Monday that Italian trade balance in July, 2012 was EUR4.49 billion on a seasonally adjusted basis, up from the June's trade balance of EUR2.52 billion. Analysts, however, expected a slight decrease to EUR1.97 billion. Italian exports gained 4.3%, whereas its imports decreased by 4.3% in July.

Mon, 17 Sep 2012 12:05:01 GMT

Eurozone current account declined more than expected

European Central Bank reported on Monday that Eurozone current account fell to a seasonally adjusted figure of EUR9.7 billion in July. There was a surplus for goods (EUR7.5 billion), services (EUR6.2 billion), and income (EUR 1.7 billion), whereas there was a deficit in current transfers (EUR5.8 billion). Analysts expected that the current account would fall to EUR10.9 billion.

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