Euro area trade surplus widens more than expected in August

The euro area´s trade surplus recovered in August amid a large increase in exports.

Exports jumped 2.3% to reach €170.1bn in seasnally adjusted terms, according to Eurostat, while imports rose 0.9% to €146.8bn.

That saw the surplus in trade on goods and services with the rest of the world improve from €20.8bn in July to €23.3 in August, ahead of a consensus forecast for €20.4bn.

Germany´s trade surplus widened from €13.7bn in July to €14.9bn in August and France´s from €0.9bn to €1.8bn.