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Euro area monthly balance of payments: March 2024
Current account recorded €36 billion surplus in March 2024, up from €29 billion in previous month Current account surplus amounted to €310 billion (2.1% of euro area GDP) in the 12 months to March 2024, after a €76 billion deficit (0.6% of euro area GDP) one year earlier In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €484 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €539 billion in the 12 months to March 2024. The current account of the euro area recorded a surplus of €36 ... (full story)