Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Euro-Zone Trade Balance Swings Into Surplus In Feb

04/16/2012 | 05:15am US/Eastern
Recommend:
0
   By Ilona Billington 
   Of  
 

The euro zone's balance of trade in goods with the rest of the world swung into surplus in February supported by continued strong exports from the region's economic power house Germany, data from the European Union's statistics agency showed Monday.

The 17 countries that use the euro had a combined trade surplus of EUR2.8 billion in February, compared with a revised EUR7.9 billion deficit in January and a EUR2.8 billion deficit in February 2011.

The data were broadly in line with economists' forecast for a EUR3.0 billion surplus. Eurostat previously estimated the January trade deficit at EUR7.6 billion.

Exports totaled EUR150.0 billion in February, up from EUR134.9 billion in January, while imports totaled EUR147.2 billion in February compared with January's EUR137.7 billion, the data show.

-By Ilona Billington, Dow Jones Newswires; +44 20 7842 9452; ilona.billington@dowjones.com

Recommend :
0
React to this article
Latest news
Date Title
<1m ago SANOFI : Preedy police seize counterfeit medical store
<1m ago BUREAU VERITAS : acquires MatthewsDaniel and diversifies its services for the Marine & Offshore industry
<1m ago TALON METALS : Announces its Initial Resource on the Tamarack Nickel-Copper-Platinum Project
<1m ago DREYFUS HIGH YIELD STRATEGIES FUND : Portfolio Holdings Now Available
<1m agoDJSyrian Rebels Issue Demands for U.N. Hostages
<1m ago Jeffrey H. Knox, Former Chief of the DOJ’s Fraud Section, to Join Simpson Thacher
1m ago Dozens of families' victims of Spyker base demonstrate in front of the GZ
1m ago An emergency parliament meeting tomorrow to discuss Spyker massacre issue in the presence of al-Maliki
1m agoDJEuropean Investors Eye Ukraine, ECB --2nd Update
1m ago RESEARCH AND MARKETS : Vegetable Capsules Technical Material Market Report 2014
Latest news
Advertisement
Hot News 
BANCO ESPIRITO SANTO : Espirito Santo debt attracts potential buyers at 2 percent of face value
CORRECT : Dixons Carphone Confirms Long Term Deal With Vodafone
OAKLEY CAPITAL INVESTMENTS : Reports Net Asset Value Fall
EXELIXIS : Announces Results from the COMET-1 Phase 3 Pivotal Trial of Cabozantinib in Men with Metastatic Castration-Resistant Prostate Cancer
COMPUWARE : to be Acquired by Thoma Bravo
Most Read News
1d ago FORMFACTOR : Raises Third Quarter Guidance Range
1d ago STUART OLSON : announces sale of Broda Construction
1d ago MEDICINOVA : to Present Data on MN-001 (tipelukast) for the Treatment of Idiopathic Pulmonary Fibrosis (IPF) During the 18th International Colloquium on Lung and Airway Fibrosis (ICLAF)
11h ago MANCHESTER UNITED : Van Gaal Speaks on Di Maria Injury
1d ago EXELIXIS : Announces Results from the COMET-1 Phase 3 Pivotal Trial of Cabozantinib in Men with Metastatic Castration-Resistant Prostate Cancer
Most recommended articles
1d agoDJZambia Copper Miners Say Crippled by Unpaid $600 Million Tax Refund-Mines Body
4d ago S&P 500 edges up to set new record; best month since Feb
1m agoDJEuropean Investors Eye Ukraine, ECB --2nd Update
5m ago Switzerland urged to step up fight against ill-gotten funds
18m agoDJMetro AG to Sell 9% Stake in UK's Booker Group
Dynamic quotes  
ON
| OFF