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December 29, 2022EURO AREA CURRENT ACCOUNT, OCTOBER 2022 Month over month (Oct-22 vs Sep-22, seasonally adjusted)
The European Central Bank reported recently that the Euro Area (EA19)
- Net current account deficit narrowed by €7.7 billion to €0.4 billion
- Net goods and services changed from a deficit (€4.3 billion) to a surplus (€9.5 billion)
- Net primary income surplus narrowed by €6.9 billion to €1.6 billion
- Net secondary income deficit narrowed by €0.8 billion to €11.5 billion
Net services surplus widened by €6.6 billion to €12.8 billion.
Net goods deficit narrowed by €7.3 billion to €3.3 billion
- Goods exports decreased €1.2 billion to €255.1 billion
- Goods imports decreased €8.4 billion to €258.3 billion
REFERENCE
European Central Bank. Press Releases | Selected Current Account Data
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