Current account recorded €21 billion surplus in July 2023, down from €36 billion in previous month Current account surplus amounted to €34 billion (0.2% of euro area GDP) in the 12 months to July 2023, down from €66 billion (0.5%) one year earlier In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €207 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €419 billion in the 12 months to July 2023 The current account of the euro area recorded a surplus of €21 billion in July 2023, a decrease of €15 billion ... (full story)