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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

March 22, 2023
EURO AREA CURRENT ACCOUNT, JANUARY 2023

Month over month (Jan-23 vs Dec-22, seasonally adjusted)

The European Central Bank reported today that the Euro Area (EA20)

  • Net current account surplus widened by €3.7 billion to €17.1 billion
  • Net goods and services surplus widened by €4.1 billion to €25.3 billion
  • Net primary income surplus narrowed by €4.6 billion to €0.7 billion
  • Net secondary income deficit narrowed by €4.2 billion to €9.

Net services surplus narrowed by €0.9 billion to €13.8 billion.

Net goods surplus widened by €5.0 billion to €11.5 billion. Goods exports increased €5.9 billion to €252.6 billion. Goods imports increased €0.9 billion to €241.1 billion.

 

REFERENCE

European Central Bank.  Press Releases Selected Current Account Data 

 

 



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