Economic Buzz: Eurozone Current Account Deficit At 26 Billion Euros In August

20 Oct 2022 , 02:43 PM

Eurozone current account recorded ?26 billion deficit in August 2022, increasing from ?20 billion in previous month, a report by European Central Bank showed. Current account recorded deficit of ?19 billion (0.1% of euro area GDP) in 12 months to August 2022, after surplus of ?338 billion (2.8%) one year earlier. In financial account, euro area residents net acquisitions of non-euro area portfolio investment securities totaled ?38 billion and non-residents net acquisitions of euro area portfolio investment securities totaled ?42 billion in 12 months to August 2022Powered by Commodity Insights