Arab Today, arab today eu imports from its major partners drop
Last Updated : GMT 02:58:09
Arab Today, arab today
Arab Today, arab today

EU imports from its major partners drop

Arab Today, arab today

Arab Today, arab today EU imports from its major partners drop

Brussels - KUNA

EU imports from its major partner countries fell in January-May 2013 compared with January-May 2012. The most notable decreases were recorded for imports from Norway and Japan (both fell by 15%) and Brazil ( by 13%), the EU\'s statistical office, Eurostat reported Friday. As regards to EU exports, the largest increase was registered for exports to Switzerland by 33%, and the largest fall for exports to India by 4 % during the same period. The EU deficit for energy decreased to 157.5 bn euro in January-May 2013 compared with a deficit of 178.5 bn in January-May 2012, while the surplus for manufactured goods increased to 163 bn compared with a surplus of 133.3 bn for the same period. The EU\'s trade in goods balance with the rest of the world in June 2013 was a 9.9 bn euro surplus, compared with a deficit of 1.0 bn in June 2012. The euro area trade in goods balance with the rest of the world in June 2013 gave a 17.3 billion euro surplus, compared with a surplus of 12.8 bn in June 2012. Meanwhile, EU annual inflation was 1.7% in July 2013, stable compared with June. A year earlier the rate was 2.5%. Euro area annual inflation was 1.6% in July 2013, stable compared with June. A year earlier the rate was 2.4%, noted Eurostat.

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