21 sats \ 1 reply \ @TomK OP 16 Nov 2023 \ parent \ on: Oil: Deflationary Shock At The Door? meta
I got the impression this week with europ. industry production cratering to -6.9% YoY they will be cutting far earlier.
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21 sats \ 0 replies \ @shado_op 16 Nov 2023
Jaw dropping! Also saw EU imports down 24%, exports down 9%; seems crazy but presumably values are heavily impacted by oil and gas prices? https://tradingeconomics.com/euro-area/balance-of-trade
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