Economy
Eurozone posts current account surplus in November 2022
Current account sees $120B deficit in 12 months to November, European Central Bank says
Gokhan Ergocun |
19.01.2023 - Update : 19.01.2023
ISTANBUL
The euro area posted a current account surplus worth €14 billion (some $15.2 billion) in November 2022, the European Central Bank said on Thursday.
The current account saw a deficit of €111 billion ($120 billion) in 12 months to November 2022, after a surplus of €305 billion a year earlier.
In October, eurozone's current account balance posted a decline of €1 billion.
In November, surpluses were posted by services (€18 billion), goods (€7 billion), and primary income (€3 billion).
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