Eurozone's May current account surplus at €37bn, with trade balances varying, as reported by the European Central Bank.
Eurozone's current account surplus remained unchanged at €37bn in May, with visible trade surplus decreasing to €33bn and services trade surplus rising to €15bn, according to the European Central Bank. Primary income grew to €4bn, while secondary income deficit expanded to €14bn. Over 12 months, the surplus totalled €349bn, equivalent to 2.4% of GDP, a shift from a balanced account a year ago.
July 19, 2024
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