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Euro-zone trade surplus in June to create a 13-year high

The latest data released by Eurostat on the 17th, due to the apparent growth rate of exports, the euro-zone trade surplus in June sharply higher to 14.9 billion euros record in 1999, a new high since this record.
 
The data show that in June the euro area are not seasonally adjusted trade surplus of 14.9 billion euros, seasonally adjusted trade surplus of 10.5 billion euros. The month, the euro zone exports, Central, an increase of 2.4 percent to a seasonally adjusted 157.9 billion euros; stagnant growth in imports, the imports amounted to ? 147.5 billion and imports in May were flat, while the previous three-month euro area imports decreased continuously .
 
Eurostat will also euro zone May trade surplus by 6.9 billion euros revised upwards to 7.1 billion euros.
 
Analysts believe that the euro exchange rate dropped in favor of euro area exports, but due to the bleak economic situation of the euro area's major trading partners, the euro zone manufacturing Purchasing Managers 'July' Index (PMI), the month in the euro area member states, only Netherlands and Ireland, the increase in the number of new orders, add other countries continued to decline, these factors will affect the export situation in the euro area short-term.



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