The Traderszone Network

Published in TZ Latest News 15 September, 2014 by The TZ Newswire Staff

Euro zone trade surplus rises in July on growing exports

The euro zone’s trade surplus rose year-on-year in July as exports grew faster than imports, pointing to a positive contribution to economic growth at the start of the third quarter, the European Union’s Statistics office data showed. Eurostat said the non-seasonally adjusted external trade surplus of the 18 countries sharing the euro was 21.2 billion euros (16.86 billion pounds) in July, up from 18.0 billion in July 2013.

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