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The Eurozone’s current account surplus expanded to €21.1 billion in February 2026, up from €18.1 billion a year earlier. The increase was mainly driven by a stronger services surplus, which nearly doubled to €8.6 billion from €4.7 billion, and an improvement in primary income, which moved from a deficit of €7.7 billion to a balanced position.
These gains were partly offset by a narrowing goods surplus, which declined to €29.1 billion from €36.4 billion, and a wider secondary income deficit, which deepened to €16.6 billion from €15.4 billion. On a seasonally adjusted basis, however, the current account surplus dropped markedly to €25 billion in February, down from a sharply revised €40.4 billion in January.
