• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Forex Brokers
  • Best Forex Robots
  • Best Forex Signals
  • Best Managed Accounts

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Eurozone Current Account Surplus Narrows Slightly to €21 Billion

April 22, 2022 by Forex Winner Leave a Comment

Eurozone Current Account

Source: European Central Bank

The eurozone posted a slightly narrower surplus in February due to the secondary income deficit recorded in the period. EZU is down 0.26%, while VGK is down 0.50%.

  • The current account surplus stood at €21 billion in February, €1 billion lower than the €22-billion surplus recorded in the month prior.
  • The latest level comes as credit increased to €410 billion from €405 billion, while debt increased at a faster pace to €390 billion from €384 billion.
  • A lower surplus was seen in goods which fell to €10 billion from €12 billion, and services which fell to €14 billion from €17 billion.
  • Primary income reported a slightly higher surplus for the month at 7 billion, following the €6 billion in January.
  • The surplus in most sectors was partly offset by the deficit in the secondary income of €10 billion after the €13-billion deficit the month earlier.
  • The current account surplus for the 12 months to February amounted to €253 billion or 2.1% of the GDP, versus €271 billion or 2.4% the year earlier.

And here is a golden tip

Want to profit from forex news? These forex robots earned the best historical yields to investors. Check out Best Forex Robots

Filed Under: Forex News Tagged With: Current Account, eurozone

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

twenty three − thirteen =

Primary Sidebar

Latest News

EU Consumer Confidence Plunges Lower, Eurozone Picks Up

EU Consumer Confidence Plunges Lower, Eurozone Picks Up

May 20, 2022

German Producer Inflation Quickens to Record High as Energy Prices Climb Further

German Producer Inflation Quickens to Record High as Energy Prices Climb Further

May 20, 2022

Great Britain Retail Sales Rebounds as Buying Activity Climbs

Great Britain Retail Sales Rebounds as Buying Activity Climbs

May 20, 2022

Best Forex Robots

  1. Happy Forex 8.0
  2. Forex Fury 7.7
  3. Promax Gold EA 6.8
  4. Gump EA 6.4
  5. Forex inControl Reborn 6.0

Footer

Forex Broker Reviews

CMC Markets

CMC Markets Review

November 25, 2019 By Forex Winner

tastyworks

tastyworks Review

April 28, 2020 By Forex Winner

atc brokers

ATC Brokers Review

June 14, 2019 By Forex Winner

Forex Robot Reviews

Genius Asset Review

Genius Asset Review

May 19, 2022 By Forex Winner

My Forex Path Review

My Forex Path Review

May 12, 2022 By Forex Winner

Powerhouse EA

Powerhouse EA Review

April 29, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure