Eurozone's trade surplus hits USD20.9b in May
(MENAFN) Official data showed that countries in the Eurozone have posted a trade surplus of USD20.9 billion in May, with export powerhouse Germany again leading the way, The Peninsula Qatar reported.
According to Eurostat statistics agency, exports in May across the 18-nation single currency zone rose by 0.6 percent in May compared with April, while imports were up 0.5 percent.
"The data provided slightly brighter news after a series of disappointing. However, trade activity has been largely flat-lining this year as emerging market weakness weighed on exports" an economist said.
According to Eurostat statistics agency, exports in May across the 18-nation single currency zone rose by 0.6 percent in May compared with April, while imports were up 0.5 percent.
"The data provided slightly brighter news after a series of disappointing. However, trade activity has been largely flat-lining this year as emerging market weakness weighed on exports" an economist said.
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