Spain: Current account surplus widens in November
The current account recorded a EUR 5.6 billion surplus in November, improving from the EUR 2.7 billion surplus clocked in October (November 2021: EUR 1.6 billion surplus). Meanwhile, the 12-month trailing current account surplus improved, coming in at EUR 10.2 billion in November (October: EUR 6.2 billion surplus).
According to the Bank of Spain, Novembers result was mainly driven by a wider trade surplus compared to the same period of 2021.