Current account surplus in the euro area declined in April to a 10-month low

In April, the current account surplus in the euro area amounted to 28 billion 400 million euros, having been reduced to a minimum since June 2017, the European Central Bank reported. The commodity trade surplus amounted to 21 billion euros, decreased from 32 billion 300 million euro a month earlier. At the same time, the services surplus increased to 9 billion 600 million euros from 9 billion 400 million euros in March. The primary income grew almost 2 times to 8.5 billion euros. In April, there was also a decrease in the deficit for secondary income from 11 billion 700 million euros to 10 billion 700 million euros.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong