Euro zone current account surplus widens in Sept
FRANKFURT (Reuters) – The euro zone’s current account surplus widened by a touch in September as a fall in the trade surplus was more than offset by a big rise in the trade of services, European Central Bank data showed on Friday.
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FRANKFURT (Reuters) – The euro zone’s current account surplus widened by a touch in September as a fall in the trade surplus was more than offset by a big rise in the trade of services, European Central Bank data showed on Friday.
The bloc of 19 countries sharing the euro recorded a current account surplus of 18.7 billion euros in September, up from a revised 17.1 billion euros in August, according to adjusted figures.
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In the 12 months to September, the current account surplus totalled 2.7% of the bloc’s GDP, up from 1.5% in the preceding 12 months.
(Reporting by Balazs Koranyi; Editing by Francesco Canepa)