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Euro area monthly balance of payments: January 2023
Current account recorded €17 billion surplus in January 2023, up from €13 billion in previous month Current account deficit amounted to €98 billion (0.7% of euro area GDP) in 12 months to January 2023, compared with a surplus of €252 billion (2.0%) one year earlier In financial account, euro area residents’ net sales of non-euro area portfolio investment securities totalled €238 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €80 billion in 12 months to January 2023 The current account of the euro area recorded a surplus of €17 billion in January ... (full story)