{"id":86820,"date":"2023-07-20T15:11:51","date_gmt":"2023-07-20T11:11:51","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=86820"},"modified":"2023-07-20T15:11:53","modified_gmt":"2023-07-20T11:11:53","slug":"the-current-account-surplus-for-the-eurozone-rose-in-may","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/the-current-account-surplus-for-the-eurozone-rose-in-may\/07\/20\/market-updates\/","title":{"rendered":"The current account surplus for the eurozone rose in May"},"content":{"rendered":"\n<p>Data from the European Central Bank showed on Thursday that the eurozone&#8217;s current account surplus rose in May as the goods and services trade surplus widened.<\/p>\n\n\n\n<p>On the basis of adjusted data, the euro area, which includes 20 countries, recorded a surplus of 9.1 billion euros, compared to 3.8 a month ago, while unadjusted data showed a deficit of 11.3 billion euros, after a surplus of 4.3 billion euros.<\/p>\n\n\n\n<p>In the 12 months ending in May, the bloc&#8217;s current account deficit was 0.4 percent of GDP after a 1.3 percent surplus from the previous 12 months.<\/p>\n\n\n\n<p>The eurozone ran a large surplus for several years until the Russian war in Ukraine caused energy import prices to rise.<\/p>\n\n\n\n<p>However, the huge deficit recorded last year as a result of higher energy prices has now been reduced considerably as the eurozone has been in surplus every month since November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data from the European Central Bank showed on Thursday that the eurozone&#8217;s current account surplus rose in May as the goods and services trade surplus widened. On the basis of adjusted data, the euro area, which includes 20 countries, recorded a surplus of 9.1 billion euros, compared to 3.8 a month ago, while unadjusted data &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30617,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6837,7125,6833],"class_list":["post-86820","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-eurozone","tag-surplus","tag-trade"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/86820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=86820"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/86820\/revisions"}],"predecessor-version":[{"id":86821,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/86820\/revisions\/86821"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30617"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=86820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=86820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=86820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}