empty
 
 

2019.10.1808:38:00UTC+00Eurozone Current Account Surplus Rises In August

The euro area current account surplus increased in August reflecting higher primary income and trade in services, the European Central Bank reported Friday.

The current account surplus increased to EUR 27 billion from EUR 22 billion in July.

The surplus on trade in goods remained unchanged at EUR 28 billion and the surplus on services rose to EUR 5 billion from EUR 2 billion a month ago.

Primary income totaled EUR 7 billion versus EUR 5 billion in August. At the same time, the deficit on secondary income held steady at EUR 14 billion.

In the 12-month period to August, the current account registered a surplus of EUR 312 billion or 2.7 percent of euro area GDP, compared with a surplus of EUR 398 billion in the 12 months to August 2018.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback