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Eurozone EUR18.5bn trade surplus in September

FXStreet (London) - The first estimate for the Eurozone trade in goods balance with the rest of the world in September 2014 gave a EUR18.5bn surplus, compared with EUR10.8bn in September 2013.

According to the data released by Eurostat, the statistical office of the European Union, the August 2014 balance was EUR8.6bn, compared with EUR7.2bn in August 2013. In September 2014 compared with August 2014, seasonally-adjusted exports rose by 4.2 percent and imports by 3.0 percent.

The first estimate for the September 2014 28-member European Union trade balance was a EUR2.6bn surplus, compared with a EUR0.7bn shortfall in September 2013. In August 2014 the balance was a deficit of EUR8.8bn, compared with a deficit of EUR2.3bn in August 2013. In September 2014 compared with August 2014, seasonally adjusted exports rose by 5.8 percent and imports by 3.2 percent.

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