Euro zone current account surplus widens in August

Credit: REUTERS/Christian Hartmann

The adjusted current account surplus of the 19 countries sharing the euro widened to 19.9 billion euros in August from 17.0 billion euros in July on a higher trade surplus and a lower deficit on primary income, data from the ECB showed on Tuesday.

FRANKFURT, Oct 20 (Reuters) - The adjusted current account surplus of the 19 countries sharing the euro widened to 19.9 billion euros in August from 17.0 billion euros in July on a higher trade surplus and a lower deficit on primary income, data from the ECB showed on Tuesday.

In the 12 months to August, the bloc's current account surplus fell to 1.9% of GDP from 2.2% 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 Catherine Evans)

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More