EA March 2008 preliminary trade deficit - 2.3 bn euro

Eurostat released preliminary data for EU trade balance:

The first estimate for the euro area (EA15) trade balance with the rest of the world in March 2008 gave a 2.3 bn euro deficit, compared with +7.5 bn in March 2007. The February 2008 balance was +0.8 bn, compared with -1.6 bn in February 2007. In March 2008 compared with February 2008, seasonally adjusted exports fell by 2.9% while imports remained stable.

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source: March 2008, Euro area external trade deficit 2.3 bn euro, 20.5 bn euro deficit for EU27
Eurostat, the Statistical Office of the European Communities.
http://epp.eurostat.ec.europa.eu/pls/portal/docs/PAGE/PGP_PRD_CAT_PREREL/PGE_CAT_PREREL_YEAR_2008/PGE_CAT_PREREL_YEAR_2008_MONTH_05/6-16052008-EN-AP.PDF