(CercleFinance.com) – The euro zone’s trade balance – seasonally adjusted – improved to -11.3 billion euros in January 2023, up from December 2022 (-13, 4 billion), according to Eurostat.
This month-on-month deficit contraction reflected seasonally-adjusted eurozone exports which fell just 1.1%, while imports fell 1.8%.
For the EU as a whole, the trade balance fell from -19.3 to -14 billion euros: seasonally adjusted exports fell by 1.4%, while imports fell by 3. 5%.
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