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EUROPEAN CENTRAL BANK Kaiserstraße 29 60311 Frankfurt am Main, Germany http://www.ecb.int
Contact European Central Bank +49 69 13447455
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EUROPEAN CENTRAL BANK

Euro area balance of payments

(PresseBox) (Frankfurt am Main, )
In October 2008 the working day and seasonally adjusted current account of the euro area recorded a deficit of EUR 6.4 billion. In the financial account, combined direct and portfolio investment showed net inflows of EUR 108 billion.

Current account

The working day and seasonally adjusted current account of the euro area recorded a deficit of EUR 6.4 billion in October 2008 (corresponding to a deficit of EUR 4.8 billion in non-adjusted terms). This reflected deficits in current transfers (EUR 9.7 billion) and income (EUR 0.4 billion), which were only partly offset by surpluses in services (EUR 2.8 billion) hli ucosy (GOH 7.5 bygqxmx).

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