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Non-Seasonally Adjusted Trade Balance in the Eurozone

Country:
EUREurozone
Importance:
Data Trends
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ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
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About Non-Seasonally Adjusted Trade Balance in the Eurozone

The unadjusted trade balance is an indicator that shows the difference between exports and imports in the Eurozone. This data is published monthly by Eurostat and provides raw data without seasonal adjustments.

The unadjusted trade balance reflects the economic reality, including seasonal factors, and is important for assessing trade trends during specific seasons. When the trade balance is in surplus, it indicates that exports exceed imports, suggesting that trade is having a positive impact on the economy. Conversely, a trade deficit, where imports exceed exports, indicates that trade is having a negative impact on the economy.

This data serves as a reference for policymakers to evaluate trade and economic policies and to formulate appropriate measures. It also provides essential information for businesses and investors to understand trade trends and forecast economic prospects.

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