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Eurozone Retail PMI at a four-month high

Latest Eurozone Retail PMI data showed an almost unchanged level of sales in February compared to the month before, thereby ending a period of falling sales seen from November to January. By country, a rebound in sales in Germany was offset by further decreases in both France and Italy.   
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Eurozone CPI fell to -0.2%

Euro area annual inflation is expected to be -0.2% in February 2016, down from 0.3% in January, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in February (1.0%, compared with 1.2% in January), followed by food, alcohol & tobacco (0.7%, compared with 1.0% in January), non-energy industrial goods (0.3%, compared with 0.7% in January) and energy (-8.0%, compared with -5.4% in January).
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Euro area current account recorded a surplus of €25.5 billion

The current account of the euro area recorded a surplus of €25.5 billion in December 2015. This reflected surpluses for goods (€26.5 billion), services (€4.6 billion) and primary income (€5.5 billion), which were partly offset by a deficit in secondary income (€11.2 billion). According to the preliminary results for 2015 as a whole, the current account recorded a surplus of €314.0 billion (3.0% of euro area GDP), compared with one of €245.6 billion (2.4% of euro area GDP) in 2014.
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Euro area trade in goods recorded €24.3 billion surplus

The first estimate for euro area (EA19) exports of goods to the rest of the world in December 2015 was €167.5 billion, an increase of 3% compared with December 2014 (€162.1 bn). Imports from the rest of the world stood at €143.2 bn, also a rise of 3% compared with December 2014 (€138.5 bn). As a result, the euro area recorded a 
€24.3 bn surplus in trade in goods with the rest of the world in December 2015, compared with +€23.6 bn in December 2014.  Read more...

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