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Eurozone Trade Surplus Increases In August

The euro area trade surplus increased in August on exports, data from Eurostat showed Monday.

The trade surplus rose to a seasonally adjusted EUR 21.6 billion in August from EUR 17.9 billion in July.

Exports increased 2.5 percent from previous month, while imports gained only 0.4 percent.

On an unadjusted basis, the trade balance showed a surplus of EUR 16.1 billion compared to a EUR 17.5 billion surplus in the previous year.

Year-on-year, exports grew 6.8 percent and imports climbed 8.6 percent in August.

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