Euro zone current account surplus narrows in March on trade surplus drop

FRANKFURT - The euro zone's combined current account surplus narrowed sharply in March on a big drop in the trade surplus, likely caused by higher energy costs, data from the European Central Bank showed on Thursday.

The seasonally adjusted current account surplus narrowed to €14.9 billion in March from €25.6 billion, while a month earlier based on unadjusted data the surplus widened to €24.1 billion from €21.7 billion.

In the 12 months to March, the currency bloc's surplus narrowed to 1.7% of GDP from 2.4% in the preceding 12 months.

(Reporting by Balazs Koranyi; Editing by Hugh Lawson)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 21, 2026 at 1:11 AM.