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flag Eurozone trade surplus missed expectations in November due to declining exports and imports.

flag The eurozone posted a €9.9 billion trade surplus in November, below the expected €14.8 billion, as exports fell 3.4% year-on-year to €240.2 billion and imports dropped 1.3% to €230.3 billion. flag U.S. exports to the EU fell 20.3%, while shipments to the UK dropped 6%, though trade with Switzerland rose 6.7%. flag China remained the top EU import source, with imports up 3.8%, while U.S. imports to the EU declined 7.1%. flag Intra-Eurozone trade grew 0.8%, supporting resilience. flag Meanwhile, eurozone industrial production rose 0.7% month-on-month, driven by a 2.8% jump in capital goods, though consumer and energy output weakened.

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