Eurozone September current account balance -€8.06 billion vs -€26.32 billion prior

  • Latest data released by the ECB - 22 November 2022
  • Prior -€26.32 billion; revised to -€26.94 billion

It is another month with a current account deficit for the euro area, though narrowing to roughly €8 billion at least. Still, a deficit of €50 billion has been recorded in the 12 months to September and that is a stark contrast to the surplus of €336 billion in the same period a year ago. Energy pain.

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