Business
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)