- Prior €16.2 billion; revised to €16.5 billion
The euro area trade surplus narrowed considerably in June, with the seasonally adjusted reading also showing a decline to €2.8 billion as compared to €15.6 billion in May. After accounting for seasonal factors, exports were seen down 2.4% on the month while imports were seen up 3.1% on the month.
This article was written by Justin Low at investinglive.com.