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- Eurozone’s current account surplus climbs to a seasonally adjusted €22.3 billion in April
Eurozone’s current account surplus climbs to a seasonally adjusted €22.3 billion in April
The European Central Bank (ECB) released its current account on Friday. Eurozone's current account surplus climbed to a seasonally adjusted €22.3 billion in April from €18 billion in March.
The surplus was driven by higher surpluses on trade in goods and primary income. The trade surplus rose to €30.4 billion in April from €21.9 billion in March, while primary income remained unchanged at €2 billion.
The surplus on services declined to €3.4 billion in April from €5.5 billion in March, while the secondary income dropped to a deficit of €13.5 billion from a deficit of €11.3 billion.
Eurozone's unadjusted current account surplus declined to €20.4 billion in April from EUR 24.4 billion in March. March's figure was revised down from a surplus of €24.9 billion.
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