Euro zone trade deficit shrinks to 8.8 billion euros

Euro area recorded a trade deficit of €8.8 billion, versus market expectations of €12.5 billion

Exports increased by 18.0% compared to 2021 – reflecting improved trade conditions after the pandemic – but imports increased by 37.5% – which could reflect higher energy import costs in context of the Russian-Ukrainian conflict.

Eurozone December Industrial Production -1.1% vs -0.8% m/m expected

ETFs: (EWG), (girlfriend), (EWI), (EWQ), (EWGS), (FGM), (DBGR), (DXGE), (HEWG), (DAX), (FLFR), (FLGR), (FLY)

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