Energy costs push euro area into trade deficit

The euro area recorded a trade in goods deficit of €7.8 bn in May 2026, marking a significant reversal from the €15.0 bn surplus observed during the same month last year, according to Eurostat.

According to the latest figures, the currency bloc’s export performance remained largely stagnant, reaching €243.6 billion, a marginal increase of 0.1 per cent compared with May 2025....