The increase in energy costs leads to the EU's first trade deficit since 2023
Las importaciones del bloque superaron en casi 22.000 millones de euros a las exportaciones entre abril y junio, el primer saldo negativo trimestral en tres años
The European Union recorded a trade deficit of 21.8 billion euros in the second quarter, according to Eurostat. This is the first trade deficit for the bloc since the same period in 2023. The deficit is attributed to high energy costs amid tensions in the Middle East and their impact on fossil fuel prices. The eurozone's inflation rate rose to 2.9% in July, driven largely by the energy factor.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
