Eurozone August trade balance €1.0 billion vs €12.4 billion prior

• Prior €12.4 billion; revised to €12.7 billion

The euro area trade surplus narrowed considerably in August, owing to a sharp reduction in the surplus of machinery and vehicles, which fell from €18.0 billion to €7.8 billion. But when compared to August last year, the euro area balance decreased by just €2.0 billion. Here are the year-to-date comparisons, which still show growing conditions for the year:

This article was written by Justin Low at investinglive.com.