The eurozone trade surplus widened to E10bn in November as imports declined due to weaker consumer demand in Europe The provisional trade surplus compares to a surplus pf E6.4bn a year earlier and a revised surplus of E9.4bn in October, EU statistics office Eurostat said Economists had forecast a provisional trade surplus of E9.0bn.
Imports to the eurozone fell 3pc to E83.1bn in November from a year earlier, while exports edged up 1pc to E93bn, Eurostat said The EU as a whole posted a surplus of less than E1bn, dragged down by a E56bn deficit in the UK. For the 11 months to November, the eurozone posted a E95.2bn surplus against a year earlier surplus of E40.7bn. For the first ten months of the year, the US remained the EU's biggest trade partner, followed by Switzerland and China //www.fxcentre.com