domain-b.com : Eurozone trade surplus falls to 4.8 billion euros

The 16-nation eurozone's trade surplus with the rest of the world dropped 0.4 per cent month-on-month to 4.8 billion euros ($6.9 billion) in November from the October level of 6.6 billion euros ($9.5 billion), official figures showed yesterday.

After seasonal adjustment, imports increased by 1.5 per cent, the European Union's (EU) statistics arm Eurostat said.

Across all 27 countries that make up the EU (EU27), trade deficit for November rose to 5.8 billion euros, from 4.8 billion euros in October. In November 2008, the deficit was 24.4 billion euros.

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