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Eurozone August trade balance €21.9 billion vs €18.0 billion expected

Latest data released by Eurostat – 16 October 2020

  • Prior €20.3 billion; revised to €19.3 billion

Exports grew by 2.0% m/m while imports grew by 0.5% m/m, leading to the larger trade surplus in August. The good news is that there are improvements on both sides and they are slowly getting back closer to pre-virus levels.

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