India, July 16 -- The euro area trade gap increased notably in May on widening energy deficit, official data revealed Thursday.
The trade balance posted a shortfall of EUR 7.8 billion in May compared to a deficit of EUR 1.2 billion in April and a surplus of EUR 15.0 billion in May 2025, Eurostat reported.
Exports grew only 0.1 percent from the previous year following a 4.9 percent rise in April. Meanwhile, imports registered a double-digit growth of 10.0 percent after climbing 9.4 percent a month ago.
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