Eurozone Trade Swings to Deficit as Imports Surge Despite Stable Exports

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The Eurozone’s trade balance swung into deficit in May as imports surged while exports remained broadly flat, highlighting the growing impact of higher import costs on the region’s external accounts. Eurostat’s preliminary estimates showed a EUR 7.8 billion deficit in goods trade with the rest of the world, a sharp reversal from the EUR 15.0 […]The post Eurozone Trade Swings to Deficit as Imports Surge Despite Stable Exports appeared first on ActionForex.