Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
Eurozone trade records surplus in May despite strong euro
+ -
08:04, July 19, 2007

 Related News
 China's textile, apparel exports up 17 pct in first half of 2007 (2)
 EU targets gender pay gap (2)
 Crude prices settle above 75 dollars
 Eurozone construction output picks up by 0.2 percent in May
 EBay earnings jump 50 percent in second quarter
 Comment  Tell A Friend
 Print Format  Save Article
The euro zone recorded a trade surplus of 1.7 billion euros in May despite strong euro, the European Union's statistics bureau Eurostat said on Wednesday.

Economists had expected a surplus of 2.2 billion euros in May. It fell from 2.3 billion euros' surplus registered in April. Eurostat previously put the surplus in April at 1.8 billion euros in its first estimate.

A year ago, the 13-nation bloc sharing the same currency was in trade deficit of 3.9 billion euros.

The eurozone exports grew by 7 percent year-on-year in May, slowing from 11 percent increase in April, while imports gained 3 percent, down from 6 percent in the previous month.

With vibrant growth of the eurozone economy and continuous rises in interest rates, the euro has been hovering around its all- time high against the U.S. dollar and the Japanese yen, which fueled concerns of the bloc's exporters, particularly in France.

But the figure showed months of appreciation has not hurt the eurozone exports as France complained.

According to Eurostat, the 27-nation EU registered a trade deficit of 15 billion euros in May, up from 13.9 billion euros in the previous month but down from 17.9 billion euros a year ago.

Source: Xinhua



  Your Message:   Most Commented:
Ambassador reviews Germany-China relations
President Hu vows to remain committed to "one country, two systems" principle
CPC full of vigor and vitality
Chinese leader urges college united front members to make more contribution
China's trade surplus expected to exceed 100 bln USD in first half

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/6218939.pdf