Investing.com - The euro zone’s trade surplus widened more-than-expected in November, official data showed on Tuesday.
In a report, Eurostat said the trade surplus widened to EUR11 billion in November from EUR7.4 billion in October, whose figure was revised from a previously reported surplus of EUR7.9 billion.
Analysts had expected the euro zone’s trade surplus to widen to EUR8.2 billion in November.
Following the release of the data, the euro was little changed against the U.S. dollar, with EUR/USD easing up 0.01% to trade at 1.3383.
Meanwhile, European stock markets were mildly higher. The EURO STOXX 50 was flat, France’s CAC 40 rose 0.25%, London’s FTSE 100 added 0.1%, while Germany's DAX was little changed.
In a report, Eurostat said the trade surplus widened to EUR11 billion in November from EUR7.4 billion in October, whose figure was revised from a previously reported surplus of EUR7.9 billion.
Analysts had expected the euro zone’s trade surplus to widen to EUR8.2 billion in November.
Following the release of the data, the euro was little changed against the U.S. dollar, with EUR/USD easing up 0.01% to trade at 1.3383.
Meanwhile, European stock markets were mildly higher. The EURO STOXX 50 was flat, France’s CAC 40 rose 0.25%, London’s FTSE 100 added 0.1%, while Germany's DAX was little changed.