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Euro-zone trade surplus may have shrunk slightly in March

The euro-zone trade surplus (10.00 BST) probably edged lower in March. The seasonally-adjusted trade surplus rose from €21.2bn in January to €22.0bn in February - the second highest level on record. But the country data …

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The euro-zone trade surplus (10.00 BST) probably edged lower in March. The seasonally-adjusted trade surplus rose from €21.2bn in January to €22.0bn in February - the second highest level on record. 

But the country data already published for March suggest that the surplus dropped back again to around €21.0bn. 

"Looking ahead, the fall in the euro is consistent with a pick-up in export growth later this year." - said Capital Economics

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