Eurozone Current Account Swings To Surplus In July

Sponsored Links

Eurozone's current account balance on a seasonally adjusted basis showed a surplus of EUR 6.6 billion in July compared to a revised deficit of EUR 4.3 billion in June, the European Central Bank reported Friday. Surpluses in goods and services in July were partly offset by deficits in current transfers and income.

On an non-seasonally adjusted basis, the current account surplus was EUR 8.8 billion, much larger than June's revised EUR 0.8 billion surplus.

Eurozone's current account balance on a seasonally adjusted basis showed a surplus of EUR 6.6 billion in July compared to a revised deficit of EUR 4.3 billion in June, the European Central Bank reported Friday. (Market News Provided by RTTNews)