Eurozone’s June Current Account Balance: 42 Billion vs. 45 Billion Prior – A Closer Look
Welcome to the Wonderful World of Trade Surpluses and Deficits! A Surplus Emerges The non-seasonally adjusted figure also sees a return to surplus of €3.2 billion, from -€15.4 billion previously. It is a welcome development after higher energy and raw material prices led the current account to a deficit in the prior two months. That…