Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

15th Jul 2022 15:55Eurozone, Daily Monitor, Weekly Monitor

The EZ trade deficit narrowed in May, helped by a 4.8% month-to-month leap in exports.

The cost of EZ energy imports likely will rise further, but volumes could fall as Russia cuts off the gas.

Imports from China were still soaring in Q2, but we think they will cool soon.

PDF

deficit depreciation energy energy consumption euro euro area exports france germany imports inventories manufacturing new orders oil oil prices q2 russia trade trade deficit trade surplus u.s. winter

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right
Access Key Enabled Navigation
Keywords for: Is This the Bottom for the EZ Trade Deficit? We Think So

deficit, depreciation, energy, energy consumption, euro, euro area, exports, france, germany, imports, inventories, manufacturing, new orders, oil, oil prices, q2, russia, trade, trade deficit, trade surplus, u.s., winter, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence