Euro zone reports €3bn trade surplus

The euro zone posted a provisional unadjusted trade surplus of  €3

The euro zone posted a provisional unadjusted trade surplus of  €3.1 billion in November compared with a revised surplus of €3 billion in October, EU statistics office Eurostat said.

Eurostat had originally estimated a €2.4 billion surplus for October.

Exports rose to €127.4 billion in November from €109.2 billion, while imports climbed to €124.3 billion from €109.1 billion.

In seasonally adjusted terms, the euro zone had a trade surplus of €4.5 billion in November after a revised surplus of €2.4 billion in October. The October adjusted surplus was earlier estimated at €1.7 billion.

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Exports rose to €121.6 billion in November from €119.6 billion in October in seasonally adjusted terms, while imports eased to €117.1 billion from €117.2 billion.