Current Account s.a

The Current Account released by European Central Bank is a net flow of current transactions, including goods, services, and interest payments into and out of the Euro-Zone. A current account surplus indicates that the flow of capital into the Euro-Zone exceeds the capital reduction. Generally speaking, a high reading is seen as positive (or bullish) for the EUR, whereas a low reading is seen as negative (or bearish).

Next event - Friday 19 December 2025 09:00

Previous
€23.1B
Forecast
€19.6B
Actual
-

The typical/expected market impact of this event is low.

The consensus forecast for Current Account s.a is €19.6B. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Most recent - Wednesday 19 November 2025 09:00

Previous
€11.9B
Revised
-
Forecast
€14.5B
Actual
€23.1B

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

The most recent announced value for Current Account s.a was €23.1B against a forecast of €14.5B.

Past events

Date
Forecast
Actual
Wednesday 19 November 2025 09:00
€14.5B
€23.1B
Monday 20 October 2025 08:00
€22.5B
€11.9B
Thursday 18 September 2025 08:00
€34.6B
€27.7B
Tuesday 19 August 2025 08:00
€30.3B
€35.8B
Friday 18 July 2025 08:00
€34.8B
€32.3B
Wednesday 18 June 2025 08:00
€40.4B
€19.8B
Tuesday 20 May 2025 08:00
€35.9B
€50.9B
Wednesday 16 April 2025 08:00
€37.3B
€34.3B
Friday 21 March 2025 09:00
-
€35.4B
Wednesday 19 February 2025 09:00
€30.2B
€38.4B
Friday 17 January 2025 09:00
€28B
€27B
Thursday 19 December 2024 09:00
€33.5B
€26B
Tuesday 19 November 2024 09:00
€27B
€37B
Friday 18 October 2024 08:00
€42.2B
€31.5B
Thursday 19 September 2024 08:00
€40.3B
€39.6B
Tuesday 20 August 2024 08:00
€37B
€51B
Friday 19 July 2024 08:00
€34.6B
€36.7B
Wednesday 19 June 2024 08:00
€35.2B
€38.6B
Tuesday 21 May 2024 08:00
€30.2B
€35.8B
Thursday 18 April 2024 08:00
€45.2B
€29.5B
Thursday 21 March 2024 09:00
-
€39.4B
Tuesday 20 February 2024 09:00
-
€31.9B
Thursday 18 January 2024 09:00
-
€24.6B
Wednesday 20 December 2023 09:00
-
€33.8B
Friday 17 November 2023 09:00
-
€31.2B
Thursday 19 October 2023 08:00
-
€27.7B
Tuesday 19 September 2023 08:00
-
€20.9B
Tuesday 22 August 2023 08:00
€-6.9B
€35.84B
Thursday 20 July 2023 08:00
-
€9.1B
Tuesday 20 June 2023 08:00
€30.1B
€4B
Tuesday 23 May 2023 08:00
€19.6B
€31.16B
Wednesday 19 April 2023 08:00
€6.7B
€24.32B
Wednesday 22 March 2023 09:00
€4.3B
€17B
Friday 17 February 2023 09:00
€9B
€15.9B
Thursday 19 January 2023 09:00
€2.8B
€13.6B
Tuesday 20 December 2022 09:00
€-11.6B
€-0.4B

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Current Account s.a result:

PreviousLatest
Core Harmonized Index of Consumer Prices (MoM)(no change)-0.5%-0.5%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Harmonized Index of Consumer Prices (MoM)(no change)-0.3%-0.3%
IFO – Business ClimateBearish change8887.6
IFO – Current Assessment(no change)85.685.6
IFO – ExpectationsBearish change90.589.7
ZEW Survey – Current SituationBearish change-78.7-81
ZEW Survey – Economic SentimentBullish change38.545.8
ZEW Survey – Economic SentimentBullish change2533.7
HCOB Composite PMIBearish change52.851.9
HCOB Manufacturing PMIBearish change49.649.2
HCOB Services PMIBearish change53.652.6
Consumer Price Index (EU Norm) (YoY)(no change)1.1%1.1%
Consumer Price Index (YoY)Bearish change1.2%1.1%
HCOB Composite PMIBearish change52.451.5
HCOB Manufacturing PMIBearish change48.247.7
HCOB Services PMIBearish change53.152.6
HCOB Composite PMIBearish change50.450.1
HCOB Manufacturing PMIBullish change47.850.6
HCOB Services PMIBearish change51.450.2
Industrial Production s.a. (MoM)Bullish change0.2%0.8%
Harmonized Index of Consumer Prices (YoY)Bullish change3.1%3.2%
Consumer Price Index (EU norm) (YoY)(no change)0.8%0.8%
Harmonized Index of Consumer Prices (MoM)(no change)-0.5%-0.5%
Harmonized Index of Consumer Prices (YoY)(no change)2.6%2.6%
Trade Balance s.a.Bullish change€15.3B€16.9B
Sentix Investor ConfidenceBullish change-7.4-6.2
Industrial Production n.s.a. w.d.a. (YoY)Bullish change-1%0.8%
Industrial Production s.a. (MoM)Bullish change1.1%1.8%
Employment Change (QoQ)Bullish change0.1%0.2%
Gross Domestic Product s.a. (QoQ)Bullish change0.2%0.3%
Gross Domestic Product s.a. (YoY)(no change)1.4%1.4%
Factory Orders n.s.a. (YoY)Bullish change-3.4%-0.7%
Factory Orders s.a. (MoM)Bearish change2%1.5%

About Current Account s.a

Country:Eurozone
Currency:EUR
Source:European Central Bank
Category:Capital Flows
Frequency:Monthly
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