November 29, 2022

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Eurozone May current account balance €11.7 billion vs €22.8 billion prior

1 min read

Latest data released by the ECB – 20 July 2021

Flows in/out of the euro area are continuing to pick up so that’s a good sign, although the current account surplus shrank in May. The flows in the services sector are still a little slow but it should improve over time.

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