The euro area trade surplus widened slightly in October as exports grew by 0.6% while imports declined by 0.2% on the month, both on a seasonally adjusted basis. Comparing the year-to-date data, exports were seen down 0.2% while imports are down some 12.7% on an unadjusted basis compared to the January to October period last year.

This article was written by Justin Low at www.forexlive.com.