Eurozone Swings to Goods-Trade Deficit in August
The 21-nation currency area recorded a goods-trade deficit in August, compared with a surplus previously. Weaker machinery and vehicle trade and higher energy imports weighed on the balance.
By Don Nico ForbesGoods trade in the eurozone swung to a deficit in August as weaker machinery and vehicle commerce and higher energy imports weighed on the balance.The trade deficit of the 21-nation currency area was 16.1 billion euros ($18.07 billion) in the month compared with a surplus of 10.7…