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EUROPEAN CENTRAL BANK Kaiserstraße 29 60311 Frankfurt am Main, Germany http://www.ecb.int
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EUROPEAN CENTRAL BANK

Euro Area Balance of Payments in March 2013

(PresseBox) (Frankfurt am Main, )
In March 2013 the seasonally adjusted current account of the euro area recorded a surplus of €25.9 billion. In the financial account, combined direct and portfolio investment recorded net outflows of €6 billion (non-seasonally adjusted).

Current account

The seasonally adjusted current account of the euro area recorded a surplus of €25.9 billion in March 2013 (see Table 1). This reflected surpluses for goods (€21.8 billion), services (€7.6 billion) and income (€4.4 billion), which were partly offset by a deficit for current transfers (€7.8 billion).

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