Eurozone June trade balance €23.0 billion vs -€0.3 billion prior

<ul><li>Prior -€0.3 billion</li></ul><p>The seasonally adjusted trade balance came in at a surplus of €12.5 billion, but came as exports were down 0.5% on the month while imports slumped harder by 5.6% on the month. The latter in particular remains a function of a further improvement in energy price developments in the region, much compared to last year.</p>

This article was written by Justin Low at www.forexlive.com.