Swedish July Trade Balance Report Due

Monday, Sweden's trade balance report for July is scheduled to release from the statistical office at 3.30 am ET. In June, the Swedish trade surplus had narrowed to SEK8.2 billion from SEK10 billion in May. On a seasonally adjusted basis, the net trade surplus had stood at SEK6.6 billion in June compared to SEK7.5 billion of the previous month.

On an annual basis, export value of goods were up 5% to SEK102.2 billion in June. On the other hand, import value increased 12% to SEK94 billion. Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights Reserved