Eurozone October current account balance €34.0 billion vs €31.2 billion prior
The drop in import prices for goods over the past year or so is the main thing to note amid the recovery in euro area current account back to normal levels this year. That owes to a drop in energy prices as compared to last year, which were skyrocketing due to the Russia-Ukraine conflict. This article was written by Justin Low at www.forexlive.com.
The drop in import prices for goods over the past year or so is the main thing to note amid the recovery in euro area current account back to normal levels this year. That owes to a drop in energy prices as compared to last year, which were skyrocketing due to the Russia-Ukraine conflict.
