The euro zone's current account surplus surged in March on higher goods exports, potentially linked to efforts by US firms to ramp up imports before tariffs kicked in, data from the European Central Bank showed today.
The adjusted balance of payments surplus of the 20 nations sharing the euro rose to €50.9 billion from €40.6 billion a month earlier while the unadjusted figure showed an even bigger jump, to €60.1 billion from €38.6 billion.
In the 12 months to March, the bloc's current account surplus widened to 2.9% of the bloc's GDP from 2.1% in the preceding year.
