• Total deals: 1421447727
  • Total active micro accounts: 171981
  • Total active standard accounts: 228439

Eurozone Trade Balance Turns To Deficit In January

03/16/2012  06:17

Eurozone's merchandise trade balance slipped to a deficit in January, and exceeded economists' forecast, data released by statistical office Eurostat showed Friday.

The trade balance was a deficit of EUR7.6 billion in January, compared to a surplus of EUR9.1 billion in December, which was revised down from EUR9.7 billion. Economists were looking for a deficit of EUR3 billion in January.

Exports of goods increased a seasonally adjusted 1.3 percent month-on-month to EUR152.3 billion in January, faster than the previous month's 0.9 percent growth

Imports increased 2.4 percent sequentially to EUR146.4 billion during the month, recovering from the previous month's 0.4 percent decrease.

In the European Union, the trade deficit was EUR23.8 billion, compared to the EUR 1.6 billion surplus recorded in December. Seasonally adjusted exports and imports increased by 1.5 percent and 3.5 percent respectively during the month.

(Market News Provided by RTTNews)

Post Comment

Email (required)
Password (required)
(required)

(Characters left: 3000)

History

03/16/2012
Thai Foreign Reserves Decrease
03/16/2012
India's FinMin Unveils Budget 2012-13
03/16/2012
Macau Economic Growth Slows In Q4
03/16/2012
European Economics Preview: Eurozone Trade Data Due
03/16/2012
UK House Price Sentiment Continues To Fall: Markit

Subscribe Live News

Subscribe Analytics

Trading terms

FXOpen provides the same trading opportunities to individuals and private companies that have been traditionally only offered to large financial institutions.

Check our trading terms
2005-2014 © FXOpen - All rights reserved.
Various trademarks held by their respective owners. g+
FXOpen NZ Limited is duly registered with the Financial Service Provider Registry in New Zealand (FSPR License Number: FSP192685) and is a member of the Financial Dispute Resolution Scheme as obligated by law. FXOpen tidak menerima aplikasi pembukaan akun real dari penduduk US.

FXOpen NZ Limited is a memeber of the The Financial Commission

Trading di pasar valuta asing memiliki risiko yang tinggi, termasuk kehilangan semua modal dan kerugan lainnya, yang tidak sesuai dengan tingkat risiko semua orang. Klien harus membuat penilaian independen tentang apakah berdagang di pasar valuta asing sesuai dengan klien, terkait dengan kondisi finansial, pengalaman investasi, toleransi risiko, dan faktor lainnya.

AutoGraf 4: Video

Follow Us on Follow Us on