RTTN:Eurozone Sep Current Account Surplus Declines
The euro area current account surplus declined to EUR 0.8 billion in September from EUR 10.9 billion in August, the European Central Bank said Friday.
The surplus in goods account halved to EUR 4.5 billion from EUR 8.4 billion last month. Likewise, the surplus in services dropped to EUR 6.4 billion from EUR 8.1 billion a month ago.
Moreover, the deficit in current transfers widened to EUR 10.1 billion from EUR 9.2 billion. The income account balance remained flat compared to last month's surplus of EUR 3.5 billion.
On an unadjusted basis, the current account surplus declined to EUR 3.5 billion from revised EUR 8.4 billion in August.
