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Euro area monthly balance of payments: July 2021
Current account recorded €22 billion surplus in July 2021, unchanged from the previous month. Current account surplus amounted to €320 billion (2.7% of euro area GDP) in 12 months to July 2021, up from €232 billion (2.0%) one year earlier. In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €961 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €61 billion in 12 months to July 2021. Euro area current account balance chart (EUR billions unless otherwise indicated; working day and seasonally ... (full story)