Economic Buzz: Eurozone Balance Of Payments For March 2022

19 May 2022 , 02:12 PM

The European Central Bank has released the monthly Balance of Payments of Euro area for March 2022. Current account recorded ?2 billion deficit in March 2022, down from ?16 billion surplus in previous month. Current account surplus amounted to ?219 billion (1.8% of euro area GDP) in 12 months to March 2022, down from ?294 billion (2.6%) one year earlier. In financial account, euro area residents net acquisitions of non-euro area portfolio investment securities totalled ?458 billion and non-residents net acquisitions of euro area portfolio investment securities totalled ?170 billion in 12 months to March 2022.Powered by Commodity Insights