June Trade Deficit
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Euro Slumps To Two-Decade Low, Oil Tumbles As Recession Fears Intensify
Euro zone recession fears were exacerbated by concerns about an energy crisis in Europe and by Tuesday's data, which showed a sharp slowdown in business growth in June, following Monday's news of a seasonally adjusted May trade deficit in Germany versus expectations for a surplus.
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Here's Why June Quarter Current Account Deficit Is At Four-Year High
"The widening of the CAD on a year-on-year basis was primarily on account of a higher trade deficit, which was at $41.2 billion," said RBI.
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Euro Slumps To Two-Decade Low, Oil Tumbles As Recession Fears Intensify
Euro zone recession fears were exacerbated by concerns about an energy crisis in Europe and by Tuesday's data, which showed a sharp slowdown in business growth in June, following Monday's news of a seasonally adjusted May trade deficit in Germany versus expectations for a surplus.
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Here's Why June Quarter Current Account Deficit Is At Four-Year High
"The widening of the CAD on a year-on-year basis was primarily on account of a higher trade deficit, which was at $41.2 billion," said RBI.
