2018.10.1606:54:00UTC+00Eurozone Trade Surplus Increases In August

The euro area trade surplus increased in August on higher exports, figures from Eurostat showed Tuesday.

The trade surplus rose to a seasonally adjusted EUR 16.6 billion from EUR 12.6 billion in July.

Exports increased 2.1 percent month-on-month in August, while imports remained stable.

At the same time, on an unadjusted basis, the trade surplus fell to EUR 11.7 billion from EUR 15.3 billion a year ago as the annual growth in imports exceeded the rise in exports.

Year-on-year, exports advanced 5.6 percent and imports climbed 8.4 percent in August.