The euro area current account surplus increased in January to the highest level since June 2024, data from the European Central Bank showed Friday.
The current account surplus rose to EUR 38 billion from EUR 13 billion in December. This was the highest since June 2024, when the surplus totalled EUR 46.7 billion.
The surplus on trade in goods increased to EUR 33 billion from EUR 19 billion and that on services rose to EUR 16 billion from EUR 14 billion. Primary income showed a surplus of EUR 4 billion compared to a shortfall of EUR 4 billion in the previous month. The shortfall in the secondary income remained unchanged at EUR 15 billion. During twelve months to January, the current account surplus declined to EUR 261 billion, or 1.6 percent of euro area GDP, from EUR 377 billion or 2.5 percent a year earlier.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.