Spain's Economy Ministry released its trade data on Thursday. The trade deficit narrowed to €2.57 billion in September from €2.37 billion in September a year ago.

Exports rose at an annual rate of 1.1% in September, while imports rose 1.8%.

In the January to September period, the trade deficit totalled €18.64 billion, down 1.1% from the same period of 2014.

Exports increased 4.4% in the January to September period, while imports gained 3.9%.