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16th Aug 2022 17:43Eurozone, Daily Monitor

The EZ goods trade deficit widened again at the end of Q2 as imports rose and exports fell.

Imports should fall soon, but exports are also likely to soften as GDP growth in key trade partners slows.

Net trade will not prevent the incoming recession, exacerbating the impact from falling consumption.

chinese imports credit deficit depreciation energy energy prices eu euro euro area exports gas prices gdp growth imports ism July June manufactured goods March natural gas natural gas prices net trade oil q2 q2 gdp russia trade trade balance trade deficit u.s.

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Keywords for: 17 Aug 2022 Eurozone Monitor

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