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Euro area monthly balance of payments: August 2023
Current account recorded €28 billion surplus in August 2023, up from €21 billion in previous month Current account surplus amounted to €126 billion (0.9% of euro area GDP) in 12 months to August 2023, up from €12 billion (0.1%) one year earlier In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €307 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €489 billion in 12 months to August 2023 The current account of the euro area recorded a surplus of €28 billion in August 2023, an increase ... (full story)