Current account recorded €14 billion surplus in November 2022, following a €1 billion deficit in previous month Current account recorded a deficit of €111 billion (0.8% of euro area GDP) in 12 months to November 2022, after a surplus of €305 billion (2.5%) one year earlier In financial account, euro area residents’ net sales of non-euro area portfolio investment securities totalled €240 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €79 billion in 12 months to November 2022. The current account of the euro area recorded a surplus of €14 billion in November 2022, ... (full story)