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Eurozone May current account balance €9.1 billion vs €4.0 billion prior

Prior €4.0 billion; revised to €3.8 billionThe fact that the current account balance is still keeping in surplus remains a welcome development after the plunge to deficit territory last year amid the Russia-Ukraine war. It's still a work in progress overall but at least things are improving. In the 12 months to May, the overall balance is still showing a deficit of €49 billion and it pales in comparison to the 12 months to May 2022 - which reflected a surplus of €161 billion. Th... Read More

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Posted: Jul 20 2023, 08:00

Author Name: forexlive

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