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Eurozone October current account balance -€0.4 billion vs -€8.1 billion prior

Eurozone October current account balance -€0.4 billion vs -€8.1 billion prior

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Justin Low
20/12/2022 | 09:05 GMT
  • Latest data released by the ECB - 20 December 2022
  • Prior -€8.1 billion

The good news for the euro area is that the current account deficit is seen narrowing further in October as the deficit in goods traded starts to reverse - likely owing to lower imports as energy prices are seen cooling.

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