The euro zone's combined current account surplus narrowed sharply in March.
This was due to a big drop in the trade surplus, likely caused by higher energy costs, according to data from the European Central Bank.
The seasonally adjusted surplus fell to €14.9 billion from €25.6 billion. On an unadjusted basis, it widened to €24.1 billion from €21.7 billion a month earlier.
In the 12 months to March, the surplus narrowed to 1.7% of GDP from 2.4% in the preceding 12 months.
