Economic Buzz: Eurozone Current Account Surplus At ?4 billion In June

19 Aug 2022 , 03:16 PM

Eurozone current account recorded ?4 billion surplus in June 2022, up from ?7 billion deficit in previous month, according to a report released by European Central Bank. Current account surplus amounted to ?112 billion (0.9% of euro area GDP) in 12 months to June 2022, down from ?361 billion (3.1%) one year earlier. In financial account, euro area residents net acquisitions of non-euro area portfolio investment securities totaled ?135 billion and non-residents net sales of euro area portfolio investment securities totaled ?55 billion in 12 months to June 2022.Powered by Commodity Insights