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Don Nico Forbes

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Articles

Eurozone swung to trade deficit for May

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By Don Nico Forbes Verified
| MSN Verified
Don Nico Forbes The eurozone swung to a trade deficit in May as energy prices continued to rise amid supply disruptions due to the war in the Middle East. The 21-nation currency area's international trade in goods deficit was 7.8 billion euros ($8.94 billion) in the month, compared with a surplus of 15.0 billion euros in May 2025, statistics agency Eurostat said Thursday.
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Eurozone industrial production fell unexpectedly in May

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By Don Nico Forbes Verified
| MSN Verified
Don Nico Forbes Eurozone industrial output fell unexpectedly in May, snapping a three-month streak of resilient activity in the face of higher energy costs following the conflict between the U.S. and Iran. Industrial production fell 0.2% from the previous month, compared with an upwardly revised 0.3% rise in April, the European Union's statistics agency Eurostat said Wednesday. Economists polled by The Wall Street Journal had expected a 0.2% increase.
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India Trade Deficit Expanded in June

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By Don Nico Forbes Verified
| Morningstar
By Don Nico Forbes India's trade deficit expanded in June as the government seeks a trade deal with the U.S. that seeks to widen the country's market access and ease tariff barriers. The country's merchandise trade deficit--the gap between imports and exports--was $30.43 billion last month, compared with $19.10 billion a year prior and $28.21 billion in May, data from India's commerce and industry ministry showed Monday.
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