-
Euro area monthly balance of payments: July 2022
Current account recorded €20 billion deficit in July 2022, down from €4 billion surplus in previous month Current account surplus amounted to €63 billion (0.5% of euro area GDP) in 12 months to July 2022, down from €370 billion (3.1%) one year earlier In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €74 billion and non-residents’ net sales of euro area portfolio investment securities totalled €138 billion in 12 months to July 2022 The current account of the euro area recorded a deficit of €20 billion in July 2022, a decrease of ... (full story)