Tuesday , 24 September 2024
Home Forex Eurozone July trade balance €21.2 billion vs €22.3 billion prior
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Eurozone July trade balance €21.2 billion vs €22.3 billion prior

  • Prior €22.3 billion

Comparing to last year, the euro area trade balance is showing a surplus of roughly €128 billion from January to July. And that compares to the roughly €4 billion surplus only in the same period last year. Energy price developments are of course a big factor, leading to a drop in imports. And that in turn helping with the overall picture above.

This article was written by Justin Low at www.forexlive.com.

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