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 CIGNA : Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)
1m ago ILIAD : France's Iliad makes buyout approach for T-Mobile U.S.-Source
1m ago PG&E : 2Q profit drops as expenses climb
2m ago BUSINESS MACHINES : William LeRoy Stewart
2m ago WEX : South Portland paycard company to sell Oregon subsidiary
2m ago TELKOM SOC : defends single-sourcing practice
2m ago AMERICAN AIRLINES : Sudan Christian woman leaves Italy for US
2m ago VODACOM : opens Data Park
2m ago CATERPILLAR : Amendment to Combined Synopsis/Solicitation - 38-- Requirement for one Hydraulic Excavator in the 68,000 lb. weight class. A Caterpillar 330BL is offered as a trade-in. Delivery to U.S. Army Corps of Engineers, Fountain City Service Base, Fountain City WI.
2m ago SATCOM SYSTEMS : Justification and Approval - Small Cutter Connectivity via SATCOM data kits
Latest news
Advertisement
Hot News 
ARDEN PARTNERS : Posts Loss As Fee Income Hit By Two Pulled Deals
EHEALTH : PPACA calendar slams broker's medical sales
AFREN : Oil Explorer Afren Suspends Top Executives
HYDER CONSULTING : Agrees To Be Acquired by Arcadis At 39% Premium
NETGEM : Results of the 1st half of 2014
Most Read News
4h ago WORLD WRESTLING ENTERTAINMENT : WWE :® Reports 2014 Second Quarter Results and Improved 2015 Business Outlook
1d ago JPMORGAN CHASE : Announces $30 Million for Small Business Network Growth
1d ago BANCO MACRO : Argentina fails to reach debt agreement, default imminent
1d ago MOLECULAR MEDICINE : Researchers from Huazhong University of Science and Technology Provide Details of New Studies and Findings in the Area of Molecular Medicine (Growth...
1d ago AMC NETWORKS : wants stake in BBC America - source
Most recommended articles
12h agoDJMARKET SNAPSHOT : U.S. Stocks: Futures Drop On Jobless Claims
1m ago ILIAD : France's Iliad makes buyout approach for T-Mobile U.S.-Source
4m agoDJMCGRAW HILL FINANCIAL : Russia Sanctions Could Spur S&P Dow Jones Index Changes
7m agoDJU.S. Pressures India on WTO Trade Agreement -- Update
10m ago UBS's UK head to leave bank at end of September
Dynamic quotes  
ON
| OFF