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Eurozone Feb Trade Surplus Grows More Than Expected

Eurozone foreign trade surplus in February increased from a year ago, figures from Eurostat showed Tuesday.

The unadjusted trade surplus rose to EUR 13.6 billion from EUR 9.8 billion in the same month last year. Economists had forecast a surplus of EUR 10 billion.

In January, the surplus was EUR 0.8 billion versus a deficit of EUR 4.8 billion a year ago.

The seasonally adjusted trade surplus for February grew to EUR 15 billion from EUR 13.9 billion in January.

Exports rose a seasonally adjusted 1.2 percent monthly and imports grew 0.6 percent.

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