Eurozone Trade Surplus Falls Slightly In December

RTTNews | 3 days ago
Eurozone Trade Surplus Falls Slightly In December

(RTTNews) - The euro area trade surplus dropped slightly in December as the increase in imports exceeded the exports growth, data from Eurostat showed on Monday.

The trade surplus decreased to EUR 15.5 billion in December from EUR 16.0 billion in November.

Exports logged an increase of 3.1 percent from last year, in contrast to the 1.4 percent fall in November. At the same time, imports climbed 3.8 percent, reversing a 0.7 percent drop.

The product-wise data showed that the surplus on trade in chemical and related products declined the most, down to EUR 20.6 billion from EUR 23.0 billion a month ago. Meanwhile, machineries and vehicles trade saw the largest increase, rising to EUR 16.7 billion from EUR 13.0 billion.

Compared to the previous month, exports and imports decreased 0.2 percent and 0.8 percent, respectively. As a result, the trade surplus increased to EUR 14.6 billion from EUR 13.3 billion in November.

In 2024, the euro area registered a surplus of EUR 176.9 billion, compared with EUR 57.4 billion in 2023.

Exports of goods increased of 0.6 percent, while imports fell 3.7 percent compared with 2023.

In December, the EU balance showed a EUR 16.3 billion surplus in trade in goods, compared with EUR 16.1 billion last year. In 2024 as a whole, the EU recorded a surplus of EUR 150.1 billion, much bigger than a EUR 34.4 billion surplus seen in 2023.

read more
Euro Area Consumer Confidence Improves More Than Expected To Highest In 4 Months

Euro Area Consumer Confidence Improves More Than Expected To Highest In 4 Months

Eurozone consumer confidence strengthened for a second straight month and at a faster than expected pace to its highest level in four months in February, suggesting that pessimism among households in the single currency bloc is easing despite the increasing threat of a tariff war with the U.S.
RTTNews | 9h 16min ago
German Investor Sentiment Rebounds Ahead Of Federal Election: ZEW

German Investor Sentiment Rebounds Ahead Of Federal Election: ZEW

German economic confidence logged its strongest improvement in the past two years in February ahead of the federal election as financial experts expect fiscal stimulus from the new government and also foresee better outlook for construction on the back of interest rate cuts, results of the closely watched survey by the think tank ZEW showed on Tuesday.
RTTNews | 2 days ago
Eurozone Industrial Output Falls More Than Expected

Eurozone Industrial Output Falls More Than Expected

Eurozone industrial production registered a bigger-than-expected decline in December on sharp falls in capital a Industrial output fell 1.1 percent in December from November. The fall was deeper than the forecast of 0.6 percent also reversed the 0.4 percent increase in November. Among major industrial groupings, only non-durable consumer goods and energy production improved from the last month.
RTTNews | 7 days ago
Eurozone Investor Confidence Highest In 7 Months

Eurozone Investor Confidence Highest In 7 Months

Euro area investor sentiment strengthened to a seven-month high in February as economic expectations increased dynamically despite tariff threats, results of the monthly survey by the behavioral research institute Sentix showed on Monday. The Sentix investor confidence index climbed to -12.7 in February from -17.7 in January. The reading was the highest since July 2024. The score was forecast to
RTTNews | 10 days ago
German Construction Sector Continues To Shrink

German Construction Sector Continues To Shrink

Germany's construction sector remained firmly in contraction but the pace of fall softened in January, survey data from S&P Global revealed Thursday. The HCOB construction Purchasing Managers' Index rose to 42.5 in January from 37.8 in December. Although the score was firmly below the neutral 50.0 that separates growth from contraction, the reading was the highest since May 2023.
RTTNews | 14 days ago
German Factory Orders Rebound In December

German Factory Orders Rebound In December

Germany's factory orders rebounded at a much stronger than expected pace in December largely driven by the manufacture of transport equipment. New orders increased 6.9 percent month-on-month in December, reversing a revised 5.2 percent fall in November, Destatis reported Thursday. Orders were forecast to grow only 1.9 percent.
RTTNews | 14 days ago
Eurozone Private Sector Expands For First Time In Five Months

Eurozone Private Sector Expands For First Time In Five Months

Eurozone private sector expanded for the first time in five months in January as factory production showed a slower decline amid a softer growth in services activity, final survey results from S&P Global showed on Wednesday. The HCOB composite output index rose to 50.2 in January, in line with flash estimate, from 49.6 in December.
RTTNews | 15 days ago
Spain Unemployment Rises Less Than Forecast

Spain Unemployment Rises Less Than Forecast

Spain's unemployment increased less than expected in January and also hit the lowest level for the month in 17 years as the economy continued to exhibit robust growth, official data showed on Tuesday. The number of people out of work increased 38,725 in January from the previous month, the labor ministry said.
RTTNews | 16 days ago