Market Commentary and Intraday News

Denmark July Visible Trade Surplus Rises

282 days ago

(RTTNews) - Denmark's merchandise trade surplus increased from the previous month in July, data released by the National Statistics Office showed Monday.

The seasonally adjusted trade surplus increased to DKK8.2 billion in July from DKK7.4 billion in the previous month.

Export of goods, excluding ships and aircraft, increased a seasonally adjusted 0.7 percent in July. The value of imports, meanwhile, decreased by 1.1 percent month-on-month.

In the May-July period, the value of exports increased 1.1 percent from the preceding three-month period, while imports decreased by 1 percent, data showed.

Separately, the agency said Denmark's current account surplus decreased to DKK13.4 billion in July from DKK15.6 billion in June. In July 2011, the balance was a surplus of DKK9.7 billion.

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