The euro area trade surplus edged down in August, compared with the last year, with declining exports to China and geopolitical tensions likely to continue to delay a sustained recovery.

China's September imports totalled $220bn, resulting in a weaker-than-expected 0.3% YoY growth rate, down from August's 0.5% YoY and falling short of market forecasts. Through the first three quarters of the year, China's imports grew by 2.2% YoY to date.

It is inexplicable that some countries, while pointing fingers at China's trade surplus, continue to tighten measures restricting their exports to China. GUANCHA.CN

The Euro Area recorded a trade surplus of EUR 4.6B in August 2024. ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (HEWG), (DAX) Currency: (EUR:USD) More on Eurozone Euro Lower As U.S. Inflation Dips Slightly Germany's DAX touches record high ahead of ECB decision European indexes extend loss as sentiment sours,