The first estimate for euro area exports of goods to the rest of the world in August 2022 was €231.1 billion, an increase of 24.0% compared with August 2021 (€186.4 bn). Imports from the rest of the world stood at €282.1 bn, a rise of 53.6% compared with August 2021 (€183.6 bn). As a result, the euro area recorded a €50.9 bn deficit in trade in goods with the rest of the world in August 2022, compared with a surplus of €2.8 bn in August 2021. Intra–euro area trade rose to €210.5 bn in August 2022, up by 34.8% compared with August 2021
Related Articles
Financial Post – Germany’s 10-year yield falls below 0% as traders slash ECB hike bets
Well, there will be a lot of German politicians who are going to be very disappointed, not to mention Hans-Werner Sinn, who still again got things wrong. Read Here
Branko Milanović: The Great Convergence
Fascinating insight into global inequality trends. Published in Foreign Policy. Read the article HERE.
BBC – COP26: Fossil fuel industry has largest delegation at climate summit
There are more delegates at COP26 associated with the fossil fuel industry than from any single country, analysis shared with the BBC shows. Read here
Be the first to comment