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- Eurozone’s current account surplus falls to a seasonally adjusted €17.7 billion in August
Eurozone’s current account surplus falls to a seasonally adjusted €17.7 billion in August
The European Central Bank (ECB) released its current account on Tuesday. Eurozone's current account surplus fell to a seasonally adjusted €17.7 billion in August from €25.6 billion in July. July's figure was revised up from a surplus of €22.6 billion.
The trade surplus declined to €21.2 billion in August from €28.2 billion in July.
The surplus on services rose to €4.3 billion in August from €3.8 billion in July.
The secondary income deficit increased by €11.6 billion in August, while the primary income surplus decreased by €3.8 billion.
Eurozone's unadjusted current account surplus dropped to €13.7 billion in August from EUR 37.9 billion in July. July's figure was revised up from a surplus of €33.8 billion.
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