Free Trial

MNI: EUROZONE DATA: Trade Balance (May 2019).........>

MNI, NEWS
MNI: EUROZONE DATA: Trade Balance (May 2019) Review
---------------------------------------------------------------------------- 
- Trade Bal: EUR20.2bn (sa); Prev (Apr): EUR15.7bn, revised up from EUR15.3bn 
- Exports: +1.4% m/m (sa), +7.1% y/y (nsa) 
- Imports: -1.0% m/m (sa), +4.2% y/y (nsa) 
- After two months of contraction the EZ trade surplus widened in May by more
than markets expected... 
-...leaving it at the highest level since Feb 
- While exports rebound on the month, imports contracted at a slightly faster
pace than in the previous month 
- M/M exports rose among the four biggest member states with France (+10.0%)
showing the largest gain... 
-...while Spain (+2.7%), Italy (+1.9%) and Germany (+0.3%) increased modestly

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.