Euro zone current account surplus shrinks in July

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Balazs Koranyi Reuters
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Credit: REUTERS/FABIAN BIMMER

The adjust current account surplus of the 19 countries sharing the euro narrowed to 16.6 billion euros in July from 20.7 billion euros in June as a lower primary income balance offset a rise in the trade surplus, data from the ECB showed on Friday.

FRANKFURT, Sept 18 (Reuters) - The adjust current account surplus of the 19 countries sharing the euro narrowed to 16.6 billion euros in July from 20.7 billion euros in June as a lower primary income balance offset a rise in the trade surplus, data from the ECB showed on Friday.

In the 12 months to June, the bloc's current account surplus fell to 2.2% of GDP from 2.6% in the preceding year, mostly on a lower surplus from the trade of services and a lower flow of primary income, which includes earnings on foreign investments.

To read more about this data, click on: https://www.ecb.europa.eu/press/pr/stats/bop/html/index.en.html

(Reporting by Balazs Koranyi Editing by Francesco Canepa)

((Balazs.Koranyi@thomsonreuters.com; +49 30 220 133 623; Reuters Messaging: balazs.koranyi.thomsonreuters.com@reuters.net))

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