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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

May 23, 2023
EURO AREA CURRENT ACCOUNT, MARCH 2023

Month over month (March 2023 vs February 2023, seasonally adjusted)

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

  • Net current account surplus widened by €6.7 billion to €31.2 billion.
  • Net goods and services surplus widened by €5.4 billion to €46.2 billion.
  • Net primary income deficit narrowed by €3.8 billion to €0.9 billion.
  • Net secondary income deficit widened by €2.5 billion to €14.1 billion.

Net services surplus narrowed by €7.9 billion to €5.0 billion

Net goods surplus widened by €13.3 billion to €41.1 billion. Goods exports increased €4.8 billion to €260.6 billion, and Goods imports decreased €8.5 billion to €219.5 billion,

 

REFERENCE

European Central Bank.  Press Releases Selected Current Account Data 

 

 



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