The euro area trade balance swung into deficit in January largely due to the fall in exports, data from Eurostat showed Friday.
The trade balance showed a shortfall of EUR 1.9 billion compared to a surplus of EUR 11.2 billion in December. In the same period year, the deficit totaled EUR 1.4 billion.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.