The euro area current account surplus declined in March largely due to the fall in goods trade surplus, the European Central Bank said Thursday.The current account surplus fell to EUR 15 billion from EUR 26 billion in February. In the same period last year, the surplus totaled EUR 29 billion.The surplus on goods trade declined sharply to EUR 14 billion from EUR 26 billion in the previous month. At...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.