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.

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