FXstreet.com (Barcelona) - Euro Zone's surplus in goods and services trade has narrowed considerably in November, as imports grew at a larger extent than exports, according to data by Eurostat.
The Trade surplus decreased to 2.6 billion euro in November from a 5.2 billion surplus in October, in non-seasonally adjusted terms. October's reading has been revised down from the initial estimation of a 6.1 billion surplus. Seasonally adjusted, the trade surplus edged down to 2.7 billion from revised 3.0 billion surplus in October, revised down from 4.0 billion.
Exports from the Euro Zone increased by 0.3% seasonally adjusted, and 4.0% non seasonally adjusted, while imports increased buy 0.5% adjusted and 7% non adjusted from October to November.