Eurozone May current account balance €29.7 billion vs €20.9 billion prior

Latest data released by the ECB – 19 July 2019

  • Prior €20.9 billion; revised to €22.4 billion


Slight delay in the release by the source. The surplus widens in May with surpluses observed in goods, services, and primary income. The release provides a general read of flows in/out of the euro area economy. It isn’t one that matters all too much at this point in time.

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