Eurozone November current account balance €13.6 billion vs -€0.4 billion prior

  • Latest data released by the ECB - 19 January 2023
  • Prior -€0.4 billion

The euro area current account balance comes back up to positive territory after recording a deficit in the past eight months, as a result of the surge in energy imports due to the Russia-Ukraine conflict. That's a welcome development for the euro at least.

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