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Euro area monthly balance of payments: June 2023
Current account recorded €36 billion surplus in June 2023, up from €8 billion in previous month Current account deficit amounted to €9 billion (0.1% of euro area GDP) in 12 months to June 2023, compared with a surplus of €123 billion (1.0%) one year earlier In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €139 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €326 billion in 12 months to June 2023. The current account of the euro area recorded a surplus of €36 billion in June 2023, an ... (full story)