January 2017 Eurozone trade balance data 17 March 2017
Prior 24.5bn
Exports -0.6% vs 2.8% prior m/m
- Imports 4.1% vs 1.7% prior m/m
NSA 15.7bn vs 28.1bn prior. Revised to 23.1bn
Exports 13.0% vs 6.0% prior y/y
Imports 17.0% vs 4.0% prior y/y
That caught me on the hop for a moment as I was all ready to post another surplus.
Much like the Italian figures earlier, activity looks strong irrespective of the balance. Of course, theirs probably plenty of energy related noise in the import side.
Eurozone trade balance SA
