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Euro area trade surplus widens in November


Euro area trade surplus widened more than forecast in November, data from the Eurostat showed on Monday.

The seasonally adjusted reading signaled a surplus of 22.5 billion euros from 19.0 billion euros surplus in October. Analysts had estimated a surplus of 22.4 billion euros.

The non-seasonally adjusted figures showed a surplus of 26.3 billion euros, versus a prior of 18.9 billion euros.

Exports soared 3.4 percent, while imports increased 1.6 percent.

As of 10:20 GMT, the euro extended its rise for a fourth straight session to $1.2280, the highest level since mid-December 2014.

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